As a digital asset trading platform, EtherFlyer is committed to providing a healthy and good trading environment for users. At the same time, in order to protect the interests of users and promote the healthy development of the block chain industry, the platform will conduct a comprehensive review of TOKEN that has been launched. If the project side has adverse factors for investors, we will take corresponding measures. TOKEN with extremely serious circumstances will be carried out. Hidden or offline trading pairs. Hidden TOKEN can not be displayed in the rankings. Hidden TOKEN transactions are unaffected, but users need to actively search the links of transaction currency to display.
Hiding TOKEN and Offline Transaction Pair Rules
Hiding TOKEN and offline trading pair rules: To improve public transparency, we will publish the main factors affecting offline tokens, including not limited to the following factors:
- Project and team aspects
1.1. The project team, product and business model will undergo major changes, and the EtherFlyer team will be notified to re-examine. The EtherFlyer team will conduct objective reviews according to the project situation. If the project is changed by itself without the consent of EtherFlyer or transferred or sold privately, the platform will offline the project.
1.2. The project team founder, co-founder, consultant and other personal information are seriously fraudulent or suspected of being involved in market price manipulation, facing major legal and negative issues (e.g. drug-related, data theft, etc.). EtherFlyer will restart the background survey for team members and terminate the transaction during the investigation period. If the result of the investigation is good, the transaction can be resumed, otherwise the offline processing will be done.
1.3. The project itself has been notified by SEC or other countries, regional judicial organs, regulatory authorities, etc. of suspected violations of laws and regulations.
- TOKEN and Transaction
2.1. Without informing the trading platform and users 15 days in advance, the total TOKEN is temporarily increased or bifurcated.
2.2. The project side intentionally conceals the major events that may seriously affect the TOKEN price.
2.3. Team and Foundation addresses have never been disclosed on official websites or social media, and TOKEN has not been used in accordance with the lockout mechanism and disclosure.
- Operational aspects
3.1. Major deviations occur in information disclosure, deceiving users and trading platforms;
3.2. The website is inaccessible and the social media and community have not been maintained for more than two weeks.
3.3. There is no mainstream social media such as Facebook and Twitter, and they are unable to cope with the negative media reports.
3.4. Social media or official website did not disclose any project progress in a month (e.g. development progress, version updates, team trends, etc.).
3.5. Projectors'publicity or market behavior seriously damages the interests of EtherFlyer or the community.
- Project landing
4.1. Project development is not carried out according to the time nodes planned in the white paper, and there is no response announcement on the official website of schedule postponement.
4.2. The project is suspected of money laundering, fraud or pyramid selling.
- Technical safety issues
5.1. Intelligent contract code has security vulnerabilities such as overflow.
5.2. Projects occur or have 51% of the attacked bifurcation problems.
Hiding TOKEN and Offline Transaction Pair Processes
EtherFlyer may hide TOKEN or offline transaction pairs without notifying users in advance, but usually EtherFlyer notifies users in advance. Because each TOKEN may have different security risks, the time to hide or offline a TOKEN is based on the time node in the announcement.
Building a good trading environment can not be separated from the support and help of the vast number of users. Welcome the vast number of users to actively provide the platform with the latest information on various projects to assist the platform in auditing. It may be difficult to avoid troubles caused by offline transactions to or to hide TOKEN. In this EtherFlyer table, we sincerely apologize and hope that the vast number of users will understand.
February 18, 2019