Dear CoinW users,
In order to provide you with better user rights, CoinW will optimizeYFII ETF products and will temporarily delist YFII3L/USDT, YFII3S/USDT trading pairs on 02/23/2024 7:00 (UTC)
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 delisting, CoinW will conduct a unified settlement for all YFII ETF position holders after the suspension of trading. Asset settlement will be settled according to the net value of the corresponding ETF product when it is delisted.
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!
CoinW official website: https://www.coinw.com/
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CoinW
2024/02/22