UXUY Initiates Exit Mechanism for the 5th Launchpad Project Biturbo (TBO)

UXUY
1 min readJun 27, 2024

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Dear Users,

Due to poor market conditions and other objective factors, the performance of our 5th Launchpad project Biturbo (TBO) has not met expectations. Both the project team and the platform are facing significant challenges in the current market environment.

At UXUY, we always prioritize the interests of our users, ensuring the safety of their assets and maintaining a fair and transparent crypto environment. To better protect user rights, we have decided to initiate the exit mechanism for this Launchpad project ahead of schedule. The specific rules are as follows:

  1. 100% Refund Guarantee: Users who participated in The 5th Launchpad can follow the steps below to initiate the exit mechanism. UXUY will provide a full refund.
  2. Refund of Subscription Principal: Users can use their UXUY wallet account, which participated in The 5th Launchpad, to send 13,333 $TBO tokens to the following address by July 10, 2024, 00:00 (UTC):

0x69bd84809d4737bdab1185d10ba9a52a1e04ecc4

We will complete the full refund of the subscription principal as soon as possible.

Gas Fee Subsidy: The gas fee incurred by users when sending $TBO to the refund address will be subsidized by UXUY platform (up to 10 USDT per user).

Thank you for your continuous support and trust in UXUY!

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