Announcement from Ouyi on Launching WCT (WalletConnect) Spot Trading

Dear Ouyi user: Ouyi is about to launch WCT (WalletConnect), and the specific schedule is as follows: Online Time * WCT Open Deposit Time: 6:00 PM on April 15, 2025 (UTC+8) *WCT/USDT spot trading hours will be notified separately. Risk control rules for spot opening Order restrictions: To protect investors from the impact of price fluctuations during the initial launch of the new currency, Ouyi will implement the following restrictions within the first 5 minutes after the start of spot trading: *Market order trading is prohibited. *The maximum amount for each limit order is $10000. *The maximum net holding amount for a single user is $10000. The above restrictions will be lifted 5 minutes after the start of the transaction. Price limit rules: After the new currency is launched, if the index price does not exist or is unstable, the platform will adopt a limit price rule based on the closing price. When the coin pair has a stable index price, the platform will activate an index based limit mechanism. Calculation rules for limit price based on closing price: Stage | Buy Maximum Limit | Sell Minimum Limit| Within the first minute of the launch of the new currency, the call auction transaction price multiplied by (1+H) is unlimited| 1~N minutes after the launch of the new coin (before the index is available) | Last minute closing price x (1+H) | Unlimited| Nth minute after the launch of the new coin (before the index is available) | Unlimited | Unlimited| Index based limit price calculation rules: Stage | Buy Maximum Limit | Sell Minimum Limit| Within 10 minutes before the launch of the new coin | Index x (1+X) | Index x (1-X)| 10 minutes after the launch of the new coin | Min [Max (Index, Index x (1+Y)+average premium over the past 2 minutes), Index x (1+Z)] | Max [Min (Index, Index x (1-Y)+Average premium over the past 2 minutes), Index x (1-Z)]| Attention: The platform can adjust parameter N according to market conditions H、X、Y、Z， Or switch the limit calculation rules, adjustments will not be notified separately. Please visit:/ View real-time rule details on trade market/info/spot. Regarding call auction The WCT/USDT spot launch will adopt a call auction mechanism, with a call auction time of 1 hour. Ouyi adopts a call auction mechanism, where you can place an order at your desired price according to established trading parameters before the new trading pair officially starts trading. The trading system will process all submitted orders according to the call auction rules and calculate a reference opening price based on these submitted orders. In order to maintain market order for all users and reduce disruptive trading experience, (1) during the call auction period, we limit the total amount of buy orders for a single user, with a maximum buy quantity of $50000 per user; (2) During the last five minutes of the call auction, users can only place limit orders and are not allowed to change or cancel orders. Please visit the OKX call auction mechanism to learn more about the rules. In order to provide more trading information, after the call auction ends, Ouyi will use the opening price of the project party at the beginning of spot trading as the starting price for the transaction. The opening price provided by token project parties is usually based on the project's valuation, and its price is for reference only. The opening price is not determined by the call auction mechanism and will not affect the price at which you place your order. Project introduction: Wallet, applications, and users are connected here to drive user experience innovation, expand the ecosystem, and guide the network towards a decentralized, permissionless future. *English full name: WalletConnect *English abbreviation: WCT *Total issuance: 1000000000 *Contract address: 0xeF4461891DfB3AC8572cCf7C794664A8DD927945 Deposit USDT immediately to prepare for WCT/USDT spot trading: Ouyi will continue to provide you with better products and services! Ouyi team April 8th, 2025