Dear CoinEx users:
According to the Market exit arrangements, CoinEx executed quarterly VIAX buy-back plan with ViaBTC and burnt 6,739,775.06417833 VIAX.
Buy-back budget: 26.20972316 BTC*
Buy-back rate: 10800.5 USD/BTC*
Fixed VIAT rate: 1 VIAX = 0.042 USD
Buy-back amount: 6,739,955.35282976 VIAX
Buy-back ratio: 7.41%
1. Buy-back budget: 60% of ViaBTC quarterly profit
2. Buy-back ratio: 4:00 October 1, 2020 (UTC)
3. CoinEx will continue to assist ViaBTC to buy back “VIAX” from its holders with no less than 40% of their quarterly profit calculated into BTC, at the first business day of the end of every quarter.
4. According to the VIAX Tokenization implementation plan, when conducting this repurchase, VIAX will be repurchased in proportion according to its quantity on CoinEx, and VIAX on chain is not included. If on-chain VIAX holders would like to participate in this repurchase, they have to transfer VIAX to CoinEx first. When there is no transfer in this quarter, they can still join next quarter’s repurchase after successful VIAX transfer.
CoinEx, ViaBTC reserves the final explanation of this announcement.
October 1, 2020