Cryptocurrency trading platform JPEX announces “DAO stakeholder dividend plan”

Odaily Planet Daily reported that Hong Kong crypto trading platform JPEX announced the "DAO stakeholder dividend plan". This referendum was approved by 68% of users. The platform will begin to gradually implement DAO stakeholding in stages starting from October 4, 2023. dividend plan. Users who agree to subscribe for DAO stakeholder dividends will gradually receive different dividends from the platform from the following aspects, including: (1) Dividends from listing fees for new tokens on the platform; (2) Dividends from handling fees for spot and derivative products; ( 3) The corresponding platform currency JPC will be distributed according to the proportion of dividends held by shareholders; (4) The remaining USDT in the JPC income pool will be distributed to holders in stages according to the proportion of dividends owned by the holders. The USDT daily income of the JPC income pool will stop being distributed after the implementation of the plan, and the 12% annualized income of JPC will not be affected. The platform will begin to operate in the form of a DAO. All holders of dividends from DAO shareholders will be able to obtain voting rights in the future and participate in referendums on the platform's decision-making. According to previous news, the Hong Kong police stated that the number of people reporting JPEX has reached more than 2,300, involving an amount of approximately HK$1.49 billion. Many Hong Kong Internet celebrities and artists were arrested by the police on suspicion of JPEX conspiracy to commit fraud.