AOFEX Monthly Overview on OT (November 2021)

Dear Users,

I. Operations

In December, AOFEX's trading volume hits $161 billion (exchange + options + futures), increasing 32.9% on a monthly basis. Among the trading volume, the perpetual swap is of $2 billion daily trading volume and has been officially included into OT burning.

II. OT data

OT (Option Token) is a digital asset issued by AOFEX based on ERC20. 100 million OT are issued in total, including 20% in early 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:

New listing burn: The listing fees of new projects will be fully burnt.

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.

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 December, 2021, AOFEX has burnt 9,610,891 OT. 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 Buy-back	July 31, 2020	731,707
4th	New Project	August 7, 2020	64,599
5th	New Project	August 10, 2020	69,348
6th	Platform Buy-back	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 Buy-back	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 Buy-back	October 31, 2020	605,601
14th	Platform Buy-back	November 30, 2020	536,585
15th	New Project	December 8, 2020	84,530
16th	New Project	December 11, 2020	83,963
17th	Platform Buy-back	December 31, 2020	491,803
18th	New Project	January 25, 2021	74,074
19th	Platform Buy-back	January 31, 2021	414,966
20th	Platform Buy-back	February 28, 2021	435,015
21st	New Project	March 29, 2021	61,728
22nd	Platform Buy-back	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 Buy-back	April 30, 2021	419,161
27th	New Project	May 14, 2021	68,400
28th	Platform Buy-back	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 Buy-back	June 30, 2021	468,371
33rd	New Project	July 10, 2021	67,935
34th	Platform Buy-back	July 31, 2021	493,421
35th	New Project	August 24, 2021	43,478
36th	Platform Buy-back	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 Buy-back	September 30, 2021	189,527
41st	New Project	October 11, 2021	24,038
42nd	Platform Buy-back	October 31, 2021	210,843
43rd	New Project	November 24, 2021	33,333
44th	Platform Buy-back	November 30, 2021	236,873

Current amount: 90,389,109 OT

(Total amount of OT = 100 million OT - Burnt OT)

Total Circulation: 10,389,109 OT

(Total Circulation of OT= Circulated OT-Burnt OT)

Deflation Rate of Circulating Stock in This Month: 2.535%

(Deflation Rate of Circulating Stock in This Month = 270,206 OT, Burning Amount of OT this month / 10,659,315 OT, Total Circulation of OT last month)

AOFEX will continue to destroy OT to reduce its number in circulation, expand OT application scenarios and user rights, as well as promote the stable appreciation and development prospect of OT. At the same time, AOFEX will continue to empower OT, develop the global market, expand the ecosystem and realize more application scenarios.

IV. OT buyback

AOFEX listed NEC on November 23, 2021, and burnt OT with the launch of new project. 33,333 OT were burnt.

AOFEX bought back and burnt OT on November 30, 2021 based on the Buyback & Burn Program. 236,873  were burnt.

V. Listings and activities

On November 1, AOFEX listed LOWB and launched “LOWB Party to Airdrop 50 Million LOWB Tokens”.

On November 1, AOFEX listed YOOSHI and FINA.

On November 2, AOFEX listed EXRD and DPI.

On November 2,  “AOFEX Saving Product Staking” Phase 11 was Live with APR up to 26.99%.

On November 3, AOFEX listed CEEK and KUMA.

On November 3, AOFEX upgraded its system and launched “Play Squid Game to Share 300,000 USDT”.

On November 3,  “AOFEX Saving Product Staking PRO” Phase 3 was Live with APR up to 36.57%.

On November 4, AOFEX launched “OT Airdrop Program Phase 1” to give away 120,000 OT.

On November 4, AOFEX listed BNX.

On November 5, AOFEX opened perpetual swap of QTUM, DASH and 1INCH.

On November 5, AOFEX listed DXCT.

On November 5, AOFEX listed IMX.

On November 6, AOFEX listed SQUID.

On November 7, AOFEX launched “TWFI Thanksgiving to Distribute 780 TWFI”.

On November 8, AOFEX listed CERE.

On November 9, AOFEX list ENS and launched “Deposit and Trade to Share 50,000 USDT”.

On November 9, AOFEX list BNB, HT, OKB and FTT, and launched “Deposit and Trade to Share 80,000 USDT”.

On November 10,  “AOFEX Saving Product Staking PRO” Phase 4 was Live with APR up to 76.30%.

On November 11, AOFEX launched “Staking GDRT to Mine OT, with APR up to 110%”.

On November 11, AOFEX launched “Polkadot Ecosystem Carnival Phase 3 to Enjoy Transaction Fees at 30% off”.

On November 12, AOFEX listed DOGEZILLA.

On November 12,  “AOFEX Saving Product Staking” Phase 12 was Live with APR up to 18.40%.

On November 12, AOFEX listed KART.

On November 12, AOFEX opened perpetual swap of FTT, SAND and NEO.

On November 12, AOFEX launched “OT Mystery Box Phase 3 for NFTs”.

On November 14, AOFEX listed ELMON.

On November 15, AOFEX listed SHILL.

On November 16, AOFEX listed PSP and ETERNAL.

On November 17, AOFEX listed POWR and GM.

On November 17,  “AOFEX Saving Product Staking PRO” Phase 5 was Live with APR up to 32.60%.

On November 18, AOFEX launched “Staking GDRT to Mine OT Phase 2, with APR up to 110%”.

On November 18, AOFEX listed NORA.

On November 19, AOFEX listed RNDR and WIN.

On November 20, AOFEX listed BCOIN.

On November 21, AOFEX listed VEMP.

On November 21, “AOFEX Saving Product Staking” Phase 13 got AQ listed with APR up to 6.40%.

On November 22, AOFEX listed TOWN.

On November 23, AOFEX listed JASMY and PLA.

On November 23, AOFEX launched “Battle and Win 60% Fees in TRX/NFT/WIN Trading”.

On November 23, AOFEX listed NEC and launched “Exclusive Listing of NEC on AOFEX to Give away 40,000 NEC”.

On November 24, AOFEX launched “The Return of the King Gift Package”.

On November 24, AOFEX listed CCAR.

On November 24,  “AOFEX Saving Product Staking PRO” Phase 6 was Live with APR up to 26.70%.

On November 24, AOFEX opened perpetual swap of ENS, MANA, OMA, GALA, WAXP and CRV.

On November 25, AOFEX listed AVN and launched “Deposit and Trade to Share 50,000 USDT”.

On November 26, AOFEX listed KAKA and launched “Deposit & Trade KAKA to Claim 10,000 KAKA NFT Cards”.

On November 26, AOFEX listed CGG.

On November 26, AOFEX enabled NEC in options settlement and launched "Limited Interests with Yield +2%”.

On November 27, AOFEX listed PEOPLE and PYR.

On November 29, AOFEX listed PNT and MC.

On November 30, AOFEX listed CVC and VADER.

On November 30, AOFEX opened perpetual swap of CHZ, XLM and CVC.

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

December 1, 2021