Dear valued customers,
We are pleased the launch of transaction mining is well received with enthusiasm by our community. 100 BTC equivalent of fees are transaction-mined, putting CoinAll at an impressive position in the trading volume ranking of exchanges, closely behind OKEx. We will continue to listen to your comments and suggestions, and give our best efforts in building a high-autonomy and community-governed exchange.
We were told by a lot of our users that the current transaction lockup requirement is rather high. To allow more users to participate in transaction mining, we have lowered the lockup threshold from 10,000 CAC to 1,000 CAC at 15:30 Aug 10, 2018 (HKT). The lockup settings can be adjusted under "Account > Transaction Mining", and you may now choose to lockup your CAC down to a minimum of 1,000. However, the lockup speed formula remains unchanged: user lockup speed limit = lockup amount / 10,000 * standard transaction mining speed.
We hope that by implementing the above adjustment, we will see more engagement from you, building a better community.
Aug 10, 2018