The two phases of the YAO rush campaign launched by BitZ in 「PlanZ」have ended at 18:00 on June 18, 2021. According to the normal plan, YAO should be launch and open for trading at the end of June. After the event, the platform repeatedly communicated with the YAO project team about the launch.
Due to the temporary adjustment of project planning and operation strategies by the project party, the online transaction time is temporarily uncertain. In order to protect the rights and interests of users, BitZ will decide to implement a treatment and compensation plan for users participating in YAO rush purchases. The specific arrangements are as follows:
1. Compensation plan:
We will give a 10% premium compensation to all users participating in the YAO rush activity.
For example: in participating in the activity, user A snapped up the funds for 100 USDT, and the actual funds received is 100*(1+10%)=110 USDT.
2. Processing time:
BitZ will complete the processing and compensation of all users who participated in the YAO panic buying in the two phases at 18:00 on July 14, 2021 (UTC+8). There will be an internal letter notice at that time. Please check the changes in the currency account funds in time for relevant users, such as If you have any questions, please contact online customer service.
BitZ has always upheld the value of "user first". The support and trust of users is the foundation for the long-term survival of the platform. BitZ will continue to optimize products and services and continue to screen more high-quality assets for users. Please continue to pay attention to the currency. In·BitZ! Finally, I once again sincerely apologize and thank all users who participated in the YAO rush.
Thank you for your support!
July 13, 2021