On September 23, in light of significant price volatility in ALEO futures, COINOTAG news reported that Hibt has announced measures to better safeguard user interests. Adhering to its user-first principle, the team concluded, after thorough discussions, to over-compensate all affected users rather than forcing a 1:1 redemption ratio. This over-payment initiative is backed by the HIBT Foundation, its Board of Directors, and the Employee Fund. Concurrently, Hibt encourages users to trade ALEO points on their platform, predicting that this will enhance the depth of spot trading pairs in the short term. It is crucial to heed the risk disclaimer: prices of digital assets are highly volatile. Investors are advised to thoroughly understand the associated risks and exercise prudence in their investment decisions.
Source: https://en.coinotag.com/breakingnews/hibt-announces-over-payment-plan-amid-aleo-futures-fluctuations-to-protect-users/