JPEX: Due to malicious lock-up of funds by third-party market makers, a DAO stakeholder dividend plan is planned to be launched, but users are required to vote to decide whether to activate it.

Odaily News JPEX issued an announcement stating that due to the serious impact of the Hong Kong Securities and Futures Commission (SFC) incident, the third-party market makers it cooperated with maliciously locked funds, resulting in an unprecedented temporary predicament. With reference to Bitfinexs past successful handling methods and With improvements, JPEX will launch a “DAO stakeholder dividend plan”. The platform will distribute 49% of the DAO stakeholder dividends to the outside world. Existing users can exchange the assets currently stored in the platform for DAO stakeholder dividends at a ratio of 1:1. Users can participate in the referendum on September 21, 2023 and vote to decide whether to implement the plan. JPEX will still maintain normal operations until the referendum is completed and the results are obtained.