As a show of good faith, the SVN team has placed 88 million SVN tokens in the custody of EOSex, a well-trusted exchange among the EOS community, and has entrusted EOSex with authority over distributing these tokens among the SVN community through various initiatives.
The first phase of the event will be an SVN airdrop
(Deposit EOS and get a massive SVN airdrop)
EOSex will conduct an airdrop on the first day that dividends begin being issued for SVN. The snapshot will be taken within the 2-hour period prior to the first SVN dividend payout. Any user who deposits EOS during the airdrop period will receive SVN airdrop tokens (net deposit = Deposits - Withdrawals).
The airdrop payout ratio will be 1 EOS : 100 SVN, with a total of 33 million SVN available. If the SVN tokens held by EOSex are insufficient to cover all EOS deposited, then first come first serve. Any excess amount of SVN will be evenly distributed among EOS holders on EOSex.
EOSex will also be supporting the distribution of SVN dividends, just as it does for DICE, MAX, JKS, and many other popular dApps. All SVN deposited on EOSex is automatically staked but, users are still free to sell out their positions at any time to take advantage of short-term trading opportunities.
Airdrop Snapshot Time: December 3, 2018, 20:00 (HK Time)
Airdrop Release Time: December 7, 2018 (HK Time) (The actual time is based on the time fo the SVN dividend)
*Note: EOSex is currently only cooperating with EOSeven on its this first airdrop. If, for whatever reason, the SVN dividend function is not implemented, the 55 million SVN tokens will be sent back to the official address for SVN.
Official Telegram: https://t.me/EOSexOfficial
Official Announcement Group: https://t.me/EOSex_Channel
Telegram Group(Chinese): https://t.me/eosexairdropcn