1.After accounting, FCoin platform Users Accounts total assets of about 181 million USDT (including platform and team holding 0.37 million USDT) ; FMex Platform Users Accounts Total assets of 4.18 million USDT.
2.It is currently estimated that about 70% of FCoin users are contaminated, and 30%-35% of total current book assets are contaminated. On this basis, a balance of 10 million USDT is deducted, the current FCoin user's actual asset gap is about 90 million USDT.
3.In order to make it technically faster for reboot, FCoin will first convert all of its current currency assets on the user's motherboard into claims, registered as FUSD, at a ratio of 1:1. FMEX, FMEX and FOne currencies will be restored to their original balances. When the FCOIN restart plan is decided by a referendum, the community users will be given the right to decide whether to convert their own debt or shares.
4.The current platform remaining motherboard currency assets total conversion of approximately 10 million USDT (address has been announced) , FOne currency assets integrity. All the above assets to the Interim Committee held by the multi-signature purse condominium, followed by the introduction of a well-known institutions condominium, and to the community public, the future use of the site after the restoration of the referendum shall prevail.
5.Fcoin website is expected to resume in the next week, all users can log on to view related claims and assets. In addition, according to the proposal of the commission, 50% of the original assets in the accounts of the users can be directly withdrawn after FMex is reactivated, and the remaining 50% of the original assets will still be withdrawn through the contribution of the contract handling fee, the withdrawal and trading of the newly replenished assets shall not be affected in any way. Fmex specific restart time to the commission technical team after the Security Audit and operational deployment time shall prevail, in the form of announcement.
6.FCOIN has frozen the assets of some of the biggest early miners in 19 years, as well as all the assets of some early investors. At present, due to mining and dividend data error caused by the greater user impact, it is not yet possible to locate all the contaminated assets. After the FMEX restarts the deal, I will continue to restore historical data and try to get rid of the pollution issue assets, while working with the Interim Commission to develop an implementation plan for the subsequent official restart of FCoin.
7.At the same time, the CPC proposed that the FCoin restart program in the future will include "FUSD deductible transaction fees" , and a series of measures to help all users resolve their debts, such as "The recommender will receive a certain percentage of the cash amount after the recommended new user has generated a handling fee, " with the content of the FCOIN official restart plan as the standard.
8.FCOIN and I have bought back 1.46 billion FT and about 19 million FMEX. The deal will be based on the outcome of the community referendum after FCoin has been relaunched and has been in stable operation for some time.
9.In the future, FCOIN & FMEX will be a new digital asset trading platform with real community governance and real assets transparency. I sincerely hope that all the users of the community will contribute to the future development of the new platform and actively participate in the planning
10.Restart success or failure, and ultimately failure to pay off the debt, will be my responsibility for life.