Members of the Hong Kong Legislative Council reminded JPEX of the risks in the dividend plan: users may become debt-ridden if they become shareholders
2023-09-24 02:51:17
Odaily News JPEX, a virtual asset trading platform suspected of operating without a license, recently proposed a DAO shareholder dividend plan and said that 70% of the users who participated in the referendum agreed on the first day. Hong Kong Legislative Council member Huang Junshuo reminded that under the relevant plan, the maximum dividend for investors is only 49%, and the representative voice is still with JPEX. Investors should pay special attention to the fact that turning from a creditor to a shareholder does not mean that they can get back their investment money. Once the company has debts This will cause users to become “debt-ridden”. (Eastern Network) According to previous news, JPEX issued an announcement on September 20 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 situation. Dilemma, referring to Bitfinex’s past successful handling methods and improving them, 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.
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