Dear community users:
1. The FCoin Stabilization Fund I will start redemption today. The operation methods is as follows: All users participating in the Stabilization Fund I send an email to email@example.com with the title [Stabilization Fund I Redemption]. The email should contain the following content:
(1) FCoin account name
(2) The number of shares participating in the Stabilization Fund I (amount)
(3) FT address (FCoin deposit address)
(4) The income return method, that is, through FT or BTC ( attach the corresponding FCoin deposit address)
2. According to the principle of the first phase of the FCoin Stabilization Fund I: On the redemption date of the fund, if the fund's return is higher than the benchmark yield, the principal and returns will be distributed to all fund holders proportionately; if the fund's return is lower than the benchmark yield, the platform will make up for it through its own income.
According to the Announcement of FCoin platform repurchase Stabilization Fund I positions , the current FCoin Stabilization Fund I has received 100 million FTs for all pledges. The current rate of return of Stabilization Fund I is zero, which is lower than the benchmark return. According to the foregoing agreement, the platform will make up for it through its own income.
From June 18, 2018 to July 17, 2018, the benchmark return of the position FT was 185.38% (calculated at the compound investment rate. In other words, One million FT principals eventually became 1,853,800 FT (principal plus return)).
That is, the return of the FCoin Stabilization Fund I will be calculated based on this rate of return. These gains will be distributed to the fund holders at one time (The specific rate of return is based on the arrival time and the redemption time of your participation) .
July 18, 2018