If you hold NEO coins in your wallet, Bitbns shall give you GAS coins according to the NEO’s algorithm. We will be distributing GAS on 5th of every month to users.
We’ll use the following calculation for distributing GAS.
GAS distribution number = total distribution number of GAS * NEO holder position ratio (with 4 digits after the decimal point)
NEO holders position ratio = sum of daily position number for NEO holders in a month / sum of daily position number for all NEO users in a month
For example, Aravindh holds NEO for three days, 60, 100 and 20, respectively. Therefore, the sum of daily NEO position will be 180.
Assume that the total distribution number of GAS is 100, in this month, and sum of daily position number for all NEO users is 6000. So, the actual distribution number of Aravindh = 100*(180/6000) = 3 GAS
Note: You should hold minimum 0.1 NEO for at least 3 days to receive GAS every month. GAS will be calculated from 12:01 AM on March 5th, 2018.