The calculation mechanism used to record KCS holding is recorded in a snapshot randomly each day. During the event, KuCoin will randomly take snapshots of your KCS holding and calculate the average amount held as follows:
Average KCS Holding = Sum of the holding per snapshot/number of snapshots
The KCS holding in the following accounts will be counted:
- Main Account
- Trading Account
- Margin Account
- Finance Account (Ongoing KuCoin Earn staking programs)
Note:
- Margin Account Balance: The sum of the snapshots of the Net KCS balance (Net KCS Balance = KCS Total Balance - Borrowed KCS - KCS Interest). Please note that the margin account balance may have a negative balance;
- The daily snapshot will occur at random times each day;
- Pending orders are included in the balance calculation;
- Sub-accounts can’t participate in the token sale as independent accounts. However, the KCS holdings in the Sub-accounts will be combined into the Master account for the calculation of the Average KCS Holding.
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