AOFEX Monthly Overview on OT (October 2021)

Dear Users,

I. Operations

In October AOFEX's trading volume hits $121.1 billion (exchange+options+futures), increasing 40.4% on a monthly basis. The perpetual swap is of $2 billion daily trading volume and fall into OT burn.

II. OT data

OT (Option Token) is an ERC20-based digital asset issued by AOFEX. 100 million OT are issued in total, including 20% in circulation and 80% as incentives for users.

To increase the ecological value of OT, the platform has established a sound deflation mechanism, and adopted buyback burning before output to keep the burning amount ≧ output. The circulating supply on secondary markets does not exceed 20% (20 million) of the total amount and the surplus amount will be burnt.

III. OT Burning Program:

1. New listing burn: The listing fees of new projects will be fully burnt.
2. OT Mining Pool burn: AOFEX will launch Maker mining activities, set up corresponding OT mining pools from time to time, and fully burn the remaining OT in the pools after these activities end.
3. Buyback & burn: AOFEX will spend 20% of its monthly revenues from transaction fees to buy back and burn OT to keep 20 million OT on the market. As of November 1, 2021, AOFEX has destroyed 9,340,685. The details are shown below:

Times	Type	Date (GMT+8)	Amount (OT)
1st	New Project	July 2, 2020	31,172
2nd	New Project	July 23, 2020	60,532
3rd	Platform Buyback	July 31, 2020	731,707
4th	New Project	August 7, 2020	64,599
5th	New Project	Monday, August 10, 2020	69,348
6th	Platform Buyback	August 31, 2020	771,428
7th	New Project	September 5, 2020	72,463
8th	New Project	September 8, 2020	62,500
9th	New Project	September 11, 2020	68,493
10th	Platform Buyback	September 30, 2020	609,756
11th	Remaining OT in the pool	October 1, 2020	230,102
12th	Remaining OT in the pool	October 27, 2020	224,956
13th	Platform Buyback	October 31, 2020	605,601
14th	Platform Buyback	November 30, 2020	536,585
15th	New Project	December 8, 2020	84,530
16th	New Project	December 11, 2020	83,963
17th	Platform Buyback	December 31, 2020	491,803
18th	New Project	January 25, 2021	74,074
19th	Platform Buyback	January 31, 2021	414,966
20th	Platform Buyback	February 28, 2021	435,015
21st	New Project	March 29, 2021	61,728
22nd	Platform Buyback	March 31, 2021	361,445
23rd	New Project	April 13, 2021	59,666
24th	New Project	April 27, 2021	64,935
25th	New Project	April 29, 2021	66,006
26th	Platform Buyback	April 30, 2021	419,161
27th	New Project	May 14, 2021	68,400
28th	Platform Buyback	June 1, 2021	463,576
29th	New Project	June 4, 2021	65,231
30th	New Project	June 7, 2021	65,146
31st	New Project	June 16, 2021	64,267
32nd	Platform Buyback	June 30, 2021	468,371
33rd	New Project	July 10, 2021	67,935
34th	Platform Buyback	July 31, 2021	493,421
35th	New Project	August 24, 2021	43,478
36th	Platform Buyback	August 31, 2021	288,461
37th	New Project	September 17, 2021	22,297
38th	New Project	September 23, 2021	24,097
39th	New Project	September 27, 2021	25,063
40th	Platform Buyback	September 30, 2021	189,527
41st	New Project	October 11, 2021	24,038
42nd	Platform Buyback	October 31, 2021	210,843

Current amount: 90,659,315 OT

(Current amount = 100 million - Burnt)

Total circulating supply: 10,659,315 OT

(Total circulating supply = Circulated supply-Burnt)

Deflation rate of circulating supply this month: 2.156%

(Deflation rate of circulating supply this month = 234,881 OT burnt this month / 10,894,196 OT in circulation last month)

AOFEX will continue to burn OT to reduce those in circulation, expand OT application scenarios and enrich user rights, as well as make efforts to increase its value and promote its development.

IV. OT Buyback

AOFEX listed GDRT on October 10, 2021, and burnt OT with the launch of new project on October 11, 2021. 24,038 OT were burnt.

AOFEX bought back and burnt OT on October 31, 2021 based on the Buyback & Burn Program. 210,843 were burnt.

V. Listings and Thanksgiving Activities

On October 1, AOFEX listed RAMP.

On October 2, AOFEX listed OHM.

On October 3, AOFEX listed XWG.

On October 4, AOFEX listed WSG.

On October 5, AOFEX listed GRO.

On October 6, as requested by our community users, AOFEX launched “Deposit and Trade SHIB to Share 100,000 USDT”.

On October 6, AOFEX listed STPT.

On October 7, AOFEX listed BRKL and BTCST.

On October 8, AOFEX listed THEOS and BETA.

On October 9 AOFEX listed GDRT and launched “GDRT Goes Live on AOFEX, to Distribute 630,000 GDRT” on October 10.

On October 9, AOFEX listed FLOKI and ANY.

On October 11, AOFEX listed DSG and SPELL.

On October 12, AOFEX listed ARV.

On October 12, AOFEX Saving Product Staking launched AXS Locked Staking, with APR up to 180.18%.

On October 13, AOFEX listed VALK and SFP.

On October 14, AOFEX listed ALCX.

On October 15, AOFEX launched Its India Branch to Develop the South Asia Market. To celebrate the establishment of AOFEX’s India Branch and express our gratitude to our users, AOFEX gave away 200,000 USDT.

On October 15, to celebrate that the BTC price hits 60,000 USDT again, AOFEX launched [Prognosticators Phase 4 to Guess BTC Price] to share 400,000 AQ.

On October 16, to express our gratitude to our users, AOFEX launched “Trade in NFT&GameFi Zones to Claim 1,000 USDT”.

On October 16, AOFEX listed FODL.

On October 18, AOFEX listed ROOK.

On October 19, AOFEX listed ARPA and ELON.

On October 19, Staking PRO Phase 1 was live, with three coins available for staking and the APR up to 45.7%.

On October 20, AOFEX listed SSV, LSS, and UBI.

On October 21, AOFEX listed STARL and ICE.

On October 22, AOFEX listed SUPER.

On October 23, to express our gratitude for the users’ support, AOFEX launched “Trade New Tokens to Share 20,000 USDT”.

On October 24, AOFEX listed SYN.

On October 25, AOFEX listed RBN.

On October 26, AOFEX listed FXS.

On October 27, Staking PRO Phase 2 was live, with three coins available for staking and the APR up to 53.6%.

On October 27, AOFEX listed BONE and LEASH.

On October 27, as requested by our community users, AOFEX launched “Deposit and Trade SHIB/BONE/LEASH to Share 50,000 USDT”.

On October 28, AOFEX listed LCX and SUKU.

On October 28, to celebrate the Halloween, AOFEX launched “Invite Friends to Trick and Claim Benefits during Halloween”.

On October 30, AOFEX listed GODS.

On October 31, AOFEX listed SWASH.

VI. Derivatives

AOFEX’s perpetual swap is favored deeply by our users, supporting two-way trading and leverages up to 125X, limit orders, market orders, trigger orders, take profit and stop loss, instant closing, and click to close all. Now the perpetual swap is available for BTC, ETH, and other popular tokens on Web, APP and API.

Compared to similar products on other exchanges, AOFEX’s perpetual swap is featured by:

• Real-time financial risk control to eliminate risks;
• Transaction matching in milliseconds, with lowest liquidation risks in the industry;
• Risk control  by mark price, free of manipulation and plummet;
• Independently developed system, with super high concurrent performance;
• Professional team, globalized compliance layout.

Since its release, AOFEX Perpetual Swap has performed well, including 42,000+ users and $2 billion daily trading volume. As the trading volume of the Perpetual Swap is going up, AOFEX Perpetual Swap is developing much faster than any other products on the platform and concerned and participated by our users. In the future we will continue to improve the features of the Perpetual Swap, open the futures trading of more quality tokens, and offer tailored services for users and investors.

VII. OT Rights and Application Scenarios

With OT as core, AOFEX develops various rights and interests and application scenarios for 1.5 million users around the world. OT holders on AOFEX can enjoy the following rights and interests:

1. Transaction fee deduction;
2. Project parties’ margin;
3. OT holders’ rights and interests;
4. Purchase rights of new projects;
5. Coin airdrop rewards;
6. Buy and settle options trading;
7. Red packets in Chat Room;
8. Monthly Buyback & Burn;
9. Voting for listing (under test);
10. Buy hot wealth management products with priority;
11. Rebate from dividends;
12. Mining with OT positions;
13. Ads fee deduction of  OTC market makers;
14. AP Center;
15. Cusotmized customer service;
16. OT ECO Mining Pool.

*With the development of AOFEX's global ecological building and partnership, more application scenarios and ecological rights and interests of OT will be launched. Stay tuned.

As a global leading service platform of digital assets with security, AOFEX is committed to provide very secure trading environment of crypto assets and extreme user experience. AOFEX is expecting to build closer connections with users through OT and allow them to build the platform’s ecosystem, explore more application scenarios, promote the development of blockchain industry, and reach mutual benefits.

AOFEX Global

November 5, 2021