On the 25th day of each month, a snapshot will be taken of all addresses holding Bold tokens.
On the 28th day of each month, Bold Rewards will be awarded to all accounts with a balance of at least 777 Bold tokens at the time of the snapshot, if there has been no withdrawal of Bold tokens from that address in the previous 30 days.
Bold Rewards will be 7% of Bold token holdings at the time of the snapshot.
Amount of tokens set aside for Bold Rewards: 20% (BOLD Rewards Funds). This is equivalent to
BOLD Rewards will be 7% for as long as there are available tokens in the BOLD Rewards Fund, in any given month, to cover ALL qualifying accounts for that month.
In the event that, in any given month, the amount of tokens left in the BOLD Rewards Fund will not cover a reward of 7% to ALL qualifying holders, the reward will be reduced by 1%.
If this still does not go round, a further 1% reduction in the reward will be made and so on, until all qualifying accounts for that month get rewarded.
The BOLD Rewards program will end when there are no longer sufficient tokens in the BOLD Rewards Fund to go round all qualifying holders, even if the reward percentage has been reduced to 1%. At this point, a special airdrop will be carried to distribute the remaining tokens, under conditions determined and announced by the BOLD Development team.
Remember - to benefit from the rewards, you should keep your tokens in a non-exchange wallet, such as MEW, IMToken, Metamask or Ethereum wallet.