JuCoin adjusts the initial Launchpad project $JU IEO strategy, and all user funds from the oversubscription will be fully refunded

ChainCatcher news, according to official information, JuCoin has released an adjustment statement regarding the first phase Launchpad project $JU IEO:

1. All issued platform tokens $JU will be given away for free.
2. The $JU trading pair will officially open at 21:00 (UTC+8), with an opening price of 1 JU = 0.1 USDT.
3. All invested funds will be refunded through the original route.

JuCoin stated that this adjustment was made after discovering that a large number of off-market individuals were purchasing platform tokens at low prices. In order to maintain a fair market environment and protect the interests of the majority of users, JuCoin has decided to implement the above adjustment measures. JuCoin is always committed to creating a healthy and transparent trading ecosystem.