1. The part of the platform tokens held by Zhang Jian has been fully recovered. It is jointly owned by the community right now and permanently locked.
2. How to handling these platform tokens will also be determined by the community referendum. For example, FUSD repurchase, Destruction at all, proportional distribution, etc.
3. The purpose of the referendum is community to authorize FUSD holders to have the right to vote, that's to say,by FUSD repurchase, mainstream currency holders are also welcomed to participate in community construction and empower the platform.Let's reunite the community, end the split, and let platform token holders and mainstream currency holders jointly empower the platform, change the fundamentals of the platform ASAP, to achieve a win-win situation for the community.
A referendum on 'how to handling platform tokens held by Zhang Jian' will be launched by community at 19:00 on May 5, 2020 (GMT 8).
According to statistics, Zhang Jian holds a total of FT: 1118212096.480847884738123583, FMEX: 18821597.1475001, which has been fully recovered by the community.
1. All the FTs held by Zhang Jian is in total 1118212096.480847884738123583, and the future dividend income will be used to repurchase FUSD. The voting rights of this part of FT will be mapped to FUSD at the same proportion according to the snapshot of the proportion of FUSD held, snapshot time is 0 o'clock (GMT + 8),the day before the vote.
2. All the FM held by Zhang Jian is in total 18821597.1475001, and the future dividend income will be used to repurchase FUSD. The voting rights of this part of FM will be mapped to FUSD at the same proportion according to the snapshot of the proportion of FUSD held, snapshot time is 0 o'clock (GMT + 8),the day before the vote.
FUSD holds by Zhang Jian does not participate in repurchase and voting mapping.
1. The number of votes will be based on the snapshot FT/FMEX number at 00:00 on May 5, 2020, 100FT = 1 votes, rounded down.
2. The number of votes can be set when voting. The minimum number of votes is 1. multiple times vote is acceptable, until (every voting category) all votes are cast.
3. FT held by FCoin Fund, FCoin platform, FFund and FMex platforms will not participate in this referendum.
The announcement time of this referendum: 19:00 on May 5, 2020-18:00 on May 7
Voting time for this referendum: 18:00 on May 7, 2020-18:00 on May 12
Voting address for this referendum: https://www.fcoin.d73e969.com/vote
Note: No matter what the result is, the ownership of these FT and FMEX belongs to the community, in the future, community has the right to decide how to allocate or use it through the referendum.
According to Zhang Jian's original announcement, Fcoin platform and Zhang Jian himself held a total of 1.45 billion FT.
The verified details are as follows:
Zhang Jian personally holds FT: 1118212096.480847884738123583
FCoin platform holding: 198291748.87
FFund holds: 75654269.59
FMEX platform holding: 67125298.54
FCoin Provisional Committee
May 5, 2020