SUMX Dividend Information

SUMX holders are entitled to receive returns in Thai Baht (THB) through two payment methods:

1. THB credited to a cash balance or THB wallet: Applicable for holders storing SUMX tokens on a digital asset exchange (Withdrawal fees may be applied as per exchange service conditions).

   1. Investors who hold SUMX on Bitkub Exchange will receive their returns through this channel.

2. Direct bank transfer: Applicable for holders storing SUMX tokens in a digital wallet (Token X) and opting for direct deposit to a registered bank account.

Investment returns are derived from net rental income and principal repayment, with a projected Internal Rate of Return (IRR) of approximately 10%. Interested investors should refer to the Whitepaper for further details.

Payout Schedule

SUMX holders are entitled to receive returns quarterly, consisting of:

1. Dividends

• Derived from rental income after deducting all operating expenses.

• Distributed every quarter.

2. Principal Repayment

• The token issuer will repay 1.0% of the initial fundraising value to token holders quarterly (along with dividend payments).

Schedules of Business Performance Release, Returns Allocation, and Token Burn

• Day T = The token issuer releases the business performance report, along with returns allocation and token burn details.

• Day T + 6 business days = SUMX deposit, withdrawal, and trading systems are temporarily suspended on the related digital asset exchange platforms to take a snapshot of the SUMX balance and burn token in the proportion designated by the token issuer, announced on Day T.

• Day T + 7 business days = Reactivation of SUMX deposit, withdrawal, and trading systems after the snapshot and token burn are completed.

• Day T + 9 business days = SUMX holders receive the payout through the designated channels.

Token Burn Process

SUMX tokens will undergo a burning process starting in 2025 until 2049 (end of the project). Tokens will be gradually burned as the issuer repays the principal each quarter. 

Interested individuals and investors are advised to study more details from the project’s Whitepaper.

* The information in this article is subject to change based on the issuer’s operational policies. Investors should carefully review the Whitepaper, understand the associated risks, and study the project information at https://summerpointtoken.finance/.