Dear community users:
1. The current balance of the Stabilization Fund I is 66.22 million FT, 21.57 million USDT, and the average purchase price of FT is 0.4293USDT. The FCoin platform used its own funds of 28.43 million USDT yesterday (July 17, 2018) to repurchase all FTs of the Stabilization Fund I.
2.The FCoin platform released all 100 million FTs pledged by the Stabilization Fund I yesterday. At the same time, the Stabilization Fund I returned all 50 million USDT pledges to the FCoin platform.The income and redemption method for the Stabilization Fund I will be announced in the subsequent announcement.
3. The FCoin platform plans to continue to repurchase 33.78 million FTs in the next week. This 100 million FT will all be used for investment in the FT FOF (Fund of Funds).
July 18, 2018