Dear merchant representatives,
For a more planned development of the One Belt One Road Tokenomy Merchant Club (1B1R), the committee members of the club have decided to update the system to provide more benefits for the members.
All merchant representatives are requested to read and be aware of the updated content listed below:
The upgraded system content of the One Belt One Road Tokenomy Merchant Club:
1. The member front desk adds to show the accumulated PV through current personal recommendation, it will also shows the amount of required PV for upgrading to the next level. Once the member has become a Diamond member, the amount will no longer be displayed. Therefore, the upgrading through recommendation and accumulating PV function only apply to Ordinary member to the highest Diamond level member.
2. Membership card number
2.1.1. Only one membership card number can be bound to one 1B1R account
2.2. The membership card number will be displayed at the member's front desk.
2.3. Member list has also added "Membership Card Number" which can be used for search query
3. Added withdrawal function for PP (Product Points), the operation method is similar to that of JMP and MP.
4. Maximum daily limit of asset withdrawal
4.1. On the withdrawal / withdrawal operation page, a new column has been added, which displays "the remaining withdrawal limit of the day: xxx". The system will update the withdrawal limit after each withdrawal. Assuming that the withdrawal application is rejected on the same day, the system will update the withdrawal limit immediately. If it is rejected the next day, it will not affect the daily withdrawal limit.
4.2. After setting, if the member has exceeded the withdrawal amount, a pop-up window will prompt "Your withdrawal limit has exceeded the set limit, please submit your withdrawal application tomorrow, thank you"
5. The maximum amount of bonus rewards that can be obtained is a multiplication of 10 of the joining member package
5.1. Each account will have a cumulative calculation of the "maximum bonus amount", and the multiples of the maximum bonus amount that can be obtained for different packages are also different.
5.2. The bonus amount is 100% of all bonuses in the account to be calculated cumulatively, except for the MP Multiplication Leadership reward.
5.3. For every package purchased, the multiply of the package amount will be added to the maximum amount of bonus that can be obtained. So you can increase the amount of bonuses available for your account by purchasing new packages.
5.4. Upgrading levels through recommending new members, is also a possible way to increase the difference in bonus amount between levels.
5.5. Upgrade by accumulate recommendation or system back end upgrades enjoy the same bonus allowance for the corresponding levels. Assuming that a member then purchase a membership package later, it is necessary to deduct the increased bonus quota due to the cumulative PV upgrade or back end upgrade, which is fairer to those who purchase membership package. [For simple calculations, the recommended cumulative upgrade and system back end upgrade can be directly calculated as a capped amount, but the capped amount of the level before the upgrade needs to be deducted first, and only the difference is increased to avoid repeat calculations]
5.5.1. Example 1 ：
126.96.36.199. Assuming that the maximum bonus is multiplication of 10, the initial purchased membership package was 600 USDT (currently 800 USDT), which means the current maximum cap limit for bonus is 6000 USDT.
188.8.131.52. When the account is upgraded through accumulative recommendation upgrade or system back end upgrade to the Intermediate membership (4000 USDT) package, which is has a maximum bonus cap limit at 4000 x 10 = 40000 USDT, but the Junior membership cap limit of 6000 USDT needs to be deducted first. Therefore, upgrading to Intermediate level through accumulating recommendation will have an increase of 34000 USDT bonus cap limit.
(40000 USDT – 6000 USDT = 34000UT new added cap limit)
184.108.40.206. Suppose that the member makes up the difference and upgrades to the Intermediate level and makes up the 3400 USDT package amount. The bonus cap limit of this purchase needs to be deducted from the bonus cap limit previously increased through accumulative recommendation upgrades or system back end upgrades, so 3400 x 10 = 34000 USDT needs to be deducted, which is equal to this payment for purchasing the package upgrade will not entitled to additional bonus cap limit amount.
5.5.2. Example 2：
220.127.116.11. Assuming that the multiplier is 10 times, purchasing the Junior membership package with 600 USDT ( currently Junior membership is 800 USDT), which is equivalent to the current maximum bonus cap limit that this account is entitled to is 6000 USDT.
18.104.22.168. Through the recommended cumulative upgrade or system back end upgrade to the Intermediate (4000 USDT) package, the maximum bonus cap limit 4000 x 10 = 40000 USDT. However, 6000 USDT for the Junior package needs to be deducted first, so this upgrade to Intermediate level through recommendation is entitled to an additional 34000 USDT cap limit .
22.214.171.124. The member makes up the difference and upgrades to the Intermediate membership level, and makes up the 5400 USDT package amount (assuming that the package amount and PV are adjusted later). 5400 x 10 = 54000 USDT - 34000 USDT, which means adding another 20,000 USDT to the maximum cap limit amount for the bonus.
5.6. Added three information columns to the member front desk
5.6.1. The cumulative maximum cap limit amount of bonuses that can be obtained: the total amount of bonuses currently available for the account.
5.6.2. Remaining cap limit bonus amount: after deducting 100% bonus
5.6.3. Cumulative lost bonus: assets lost due to insufficient qualifications
6. 10% bonus issue
Upon withdrawal, 10% of the USDT withdrawal amount is automatically converted into EUSP
For each USDT withdrawal, 2 USDT will be deducted for handling fee, 10% of the withdrawal amount is converted into EUSP and transferred to the user’s 3WENECO account, and the actual receive amount is 90% of USDT. *Please make sure that the account is bound with WENECO UID.
6.1.1. Assuming that the user key in the withdrawal amount 100 USDT, after deducting handling fee 2 USDT, the total deduction from the account is 102 USDT. 10% EUSP meaning value of 10 USDT will be in EUSP, the actual amount of USDT received is 90 USDT.
6.1.2. At the member front desk, added a "10% EUSP" column, showing the exchange rate of how much USDT is converted into EUSP.
7. Enabled EUSP withdrawal function
7.1. Similar to USDT withdrawal, the withdrawal channel: WEN ECO
7.2. Fixed handling fees of 2 EUSP per transaction
7.3. The minimum withdrawal amount is 10 EUSP and must be an integer.
8. Cancelled MLT exchange USDT Point function.
9. Cancelled of USDT Point top up by depositing MLT.
10. Enable MLT deposit function
10.1. Transfer MLT from WENECO escrow wallet to 1B1R user’s account
10.2. The system will deducts 0.5% as handling fee
10.2.1. MLT Suppose a user deposit 100 MLT, deduct 0.5% of the handling fee, and receive 99.5 MLT
10.2.2. The deposit page will prompts “0.5% of the handling fee will be deducted from the deposit amount”
11. Ratio for MLT as a payment medium
11.1. The deposited MLT will be converted into USD value according to the current exchange rate.
11.2. The ratio of using MLT to pay for the membership is determined by two factors. The first factor being the membership level is the 1B1R system (ordinary to ambassador) and the second factor being Eco badge level of the user’s WEN ECO account (Senate commando to Jaune dore supremo). The part that can use MLT to deduct USDT Point is based on the addition of the corresponding ratios of the two factors (levels) of the account, which is the ratio that can be used with MLT.
11.2.1. [1B1R] - Junior merchant representative、[WENECO] - Senate commando ：+8%
11.2.2. [1B1R] - Intermediate 、[WENECO] -Sith trooper ：+16%
11.2.3. [1B1R] - Senior 、[WENECO] - Emerald army ：+24%
11.2.4. [1B1R] - Diamond、[WENECO] - Captain phasma ：+32%
11.2.5. [1B1R] - Committee、[WENECO] - Imperial army ：+40%
11.2.6. [1B1R] - Ambassador、[WENECO] - Jaune dore supremo ：+50%
11.2.7. The member only has 1B1R account with Senior membership level, and has not bound a WENECO account or WENECO does not have a badge level, then the member can only use 24% MLT for deduction, and the remaining 76% need to pay with USDT Point
11.2.8. If the the user is 1B1R Ambassador membership level, and the badge level in the WENECO account is Senate commando, which means 50% + 8% = 58% of the package can use MLT as a deduction. The remaining 42% needs to be paid in USDT Point.
11.2.9. Member is a 1B1R Ambassador membership level, and the WENECO badge level is Jaune dore supremo level, which means 50% + 50% = 100% MLT deduction,
11.2.10. If the MLT portion for the payment has not enough of MLT, then the remaining amount will be need be paid with USDT Point.
11.3. There is a monthly limit for each account to use MLT to substitute the USDT Point, the limit 10 times value of the package purchased by the user him/herself. After the adjustment, all accounts will be recalculated according to the latest multiplication factor, and those used in the current month will be deducted from the amount calculated from the new multiplication)
11.3.1. The base number for calculating the multiplication factor and the maximum cap limit of bonus amount by the account is based on the subscription amount (USDT value of the membership level package). However, if the account has been upgraded through accumulation of recommendation or system back end upgrade, then the calculation will be based on the upgraded level.
11.3.2. A new column [the current month’s MLT usage limit: xxxx USDT] is added to the member’s personal information page, which shows the current remaining deductible MLT in equivalent USDT value of the account, this value refreshed every month.
11.3.3. When a member is paying for the purchase package, the system will display [MLT available for the current month: xxxx USDT] so that the member can know how much MLT amount is still available for member subscription.
11.4. On the subscription payment page, we have added the following information and input boxes: the "Confirm Payment Information".
11.4.1. The current month’s MLT limit that can be used for subscription payment: XXX USDT
11.4.2. MLT deductible ratio: 8%-100% (the ratio of USDT points that can be deducted by MLT is calculated based on the membership level and badge level )
11.4.3. MLT deductible amount: XXX USDT (calculated by multiplying the USDT Point to be paid for package purchase by the deductible ratio)
11.4.4. MLT exchange rate: current exchange rate
11.4.5. Payment with MLT: Members can choose not to use, but if the input amount exceeds the amount that can be deducted, the system will prompt "The maximum amount you can use for MLT deduction is XXX, please modify the quantity and resubmit"
All the above upgrades have been updated on 15th December 2020. Thank you all merchant representatives for supporting 1B1R club!
The One Belt One Road Tokenomy Merchant Club
15th December 2020