Dear CoinW users:
Due to the liquidity risk of UMAMI projects, in order to protect the rights and interests of users, CoinW will delist UMAMI 4L、UMAMI 4S ETF products on 2023/2/12 11:00(UTC), and close UMAMI 4L/USDT、UMAMI 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.
Regarding asset settlement of related ETF products:
For users who do not voluntarily close their positions after being delisted, CoinW will conduct unified settlement for all UMAMI 4L、UMAMI 4S users who hold positions after the suspension of trading, and asset settlement will be based on the net value of the corresponding ETF product at the time of delisting.
Settlement formula: settlement assets = Positions * net value at the time of delisting
Settlement assets less than 0.001 USDT will not be included in the distribution.
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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2023/2/12