Announcement Center

Dear CoinW users:

Due to the liquidity risk of LUNCH and OLE projects, in order to protect the rights and interests of users, CoinW will delist LUNCH 4L, LUNCH 4S, OLE 4L, OLE 4S ETF products on 2022/11/16 11:00(UTC), and close LUNCH 4L/USDT, LUNCH 4S/USDT, OLE 4L/USDT, OLE 4S/USDT trading pairs.

Users who hold positions in related products are requested to close their positions before they are delisted, and users who have not closed their positions will be settled uniformly after delisting.

About the asset settlement of LUNCH and OLE ETF products:

After the transaction is stopped, the system will conduct unified settlement for all LUNCH 4L, LUNCH 4S, OLE 4L, OLE 4S position holders, and CoinW will settle according to the net value of the corresponding ETF product (LUNCH 4L settlement net value 0.0025 USDT, LUNCH 4S settlement net value 0.000065 USDT, OLE 4L settlement net value 0.0079 USDT, OLE4S settlement net value 0.14 USDT)

Settlement formula: settlement assets = Positions * settlement net value

The settlement assets will be airdropped to the holding user's asset account in the form of USDT within 3 working days. Thank you for your support to CoinW!

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2022/11/16