All Ontology (ONT) holders on Binance will receive ONG which is generated by ONT daily and distributed monthly. The details are as follows.
Daily ONG generated by each user = Daily total ONG generated by Binance * User ONG holdings ratio1
1User ONG holdings ratio = User ONT holdings / Total ONT held on Binance
- ONT balances under 0.1 ONT (including those in trade orders) will not be included into the daily ONG calculations.
- ONG generation is calculated daily and distributed monthly. Distributions will be completed before the 20th of each month.