Binance Community Coin Vote Round 4 - COTI vs VITE

Fellow Binancians,

For the fourth round of the new format Community Coin Vote, we have selected COTI (COTI) and VITE (VITE) as the two candidates for the vote. 

The vote will start at 2019/12/12 4:00 AM (UTC) for 24 hours and will close at 2019/12/13 4:00 AM (UTC).

The number of votes each user receives will be determined by their 6-day average (hourly snapshots) BNB holdings from: 2019/12/06 0:00 AM (UTC) to 2019/12/12 0:00 AM (UTC).

Participant Rewards

If COTI (COTI) wins the vote and is listed on Binance.com, all participants that voted for COTI will split a total reward pool of 28,000,000 COTI, based on the number of votes from each participant. 

If VITE (VITE) wins the vote and is listed on Binance.com, all participants that voted for VITE will split a total reward pool of 21,000,000 VITE, based on the number of votes from each participant. 

Users that voted for the runner up will then split a pool of 3,500 BNB, based on the number of votes from each participant. 

Airdrop allocation per winning vote = (1 / Total number of votes received by the winner) X Winner Airdrop Pool.

Airdrop allocation per runner-up vote = (1 / Total number of votes received by the runner-up) X Runner-up Airdrop Pool.

Terms & conditions:

• We will endeavor to list the winning project’s token within a reasonable time frame after the vote, pending wallet and tech integration for the coin. 
• Users will only be able to choose one project to contribute all their votes to. You cannot vote for both projects.
• Rewards will be issued within 2 weeks after the vote ends.
• Binance reserves all rights to change the rules of this event without notification, including the revoking the results suspected of vote manipulation.

Thanks for your support!

Binance Team

2019/12/05

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