Announcement on AOFEX OT (Option Token) Destruction Details in Phase 4

Dear Users,

AOFEX exchange uses 20% of the fees profit per month to buy back OT from the secondary market and burn it.

Details of OT Destruction in Phase 4 is published as follows:

Destruction Time: 17:30 , October 31, 2020 (GMT+8)

Destruction Amount：605,601 OT（about 8.00 million AQ）

Destruction Address:

https://cn.etherscan.com/tx/0x793b360a0313e61793ca0ed95f39c708823fed8a8bda12c81b2015b06bdc88ba

Burning Records:

As of October 31, 2020, AOFEX has buried 3,602,657  OT

Details:

Burning Times	Types of Burning	Burning Time（GMT+8）	Burning Amount（OT）
1st	New Project(DSF)	July 2, 2020	31,172
2nd	New Project(PD)	July 23, 2020	60,532
3rd	Platform Monthly Buy-back	July 31, 2020	731,707
4th	New Project(ATTN)	August 7, 2020	64,599
5th	New Project(ATIS)	August 10, 2020	69,348
6th	Platform Monthly Buy-back	August 31, 2020	771,428
7th	New Project(ATDF)	September 5, 2020	72,463
8th	New Project(DFD)	September 8, 2020	62,500
9th	New Project(OGT)	September 11, 2020	68,493
10th	Platform Monthly Buy-back	September 30, 2020	609,756
11th	Remaining OT destruction	October 1, 2020	230,102
12th	Remaining OT destruction	October 27, 2020	224,956
13th	Platform Monthly Buy-back	October 31, 2020	605,601

Total Amount of OT: 96,397,343 OT

(Total Amount of OT = 100 million OT - Buried OT)

Total Circulation of OT: 16,397,343 OT

(Total Circulation of OT= circulated OT-Buried OT)

Deflation Rate of Circulating Stock in This Month: 6.08%

(Deflation Rate of Circulating Stock in This Month=1,060,659 OT, Burning Amount of OT this month /17,458,002 OT, Total Circulation of OT last month)

Through the burning of OT, the number of OT in the market circulation was further reduced, and the deflation attribute of OT began to work, which promoted the stable appreciation and potential development prospect of OT.

The Functions of OT

OT users can enjoy the following rights and interests:

1.Deduction of fees

2.Project side margin

3.Rights and interests of OT holders

4.Rush purchase of new projects

5.Air-drop award

6.Opening and settlement of options

7.Chat room bonus

8.Buy back and burning every month;

9.Vote to go live coins (under test)

10.Preferential purchase of hot financial products (under test);

11.Get bonus rebate (under test);

12.Position and mining (under test);

13.Reduction of the advertising fee of OTC;

14.AP integration center;

15.Exclusive customer service.

*With the development of AOFEX 's global ecological construction and partnership, the functions and ecological rights and interests of OT will be launched. Please look forward to it.

 OT (Option Token) is a digital asset issued by AOFEX platform based on ERC20. The total number of OT issued is 100 million, 20% of which are in early circulation, and the remaining OT will be used for incentive output of market users.

OT is used to continuously promote the construction and improvement of AOFEX ecosystem, covering all businesses of the platform worldwide. The functions of OT cover all products and rights and interests in the platform, including but not limited to: deducting fees, obtaining air-drop awards, preferential purchase of hot financial products, bonus rebate, mining, AP integration center, etc.

In order to better promote the ecological value of OT, the platform will establish a sound deflation mechanism, adopt the way of burning before output, and the amount of burning ≧ the amount of output. After the launch of OT, 10% community operation and 70% of the release mechanism of ecological construction will not be opened temporarily, and the specific launching time will be announced in the following announcement, including the specific release purpose, amount and details, so as to ensure that the circulation volume in the secondary market does not exceed 20% (20 million) of the total amount, until the total amount of burning reaches to 20 million.

Warm Prompt:

Digital asset is a high-risk investment product featuring by wild fluctuation, round the clock trading and so on. We highly recommend that users involve and invest very carefully after understanding the rules and risks. It is highly necessary to be aware of the risks by considering the experience and tolerance.

Thanks for your support!

AOFEX Team

October 31, 2020