Hotbit Supports the VISR Contract Upgrade And Rename to GAMMA Plan

Dear Hotbit Users,

      As stated in the VISR's official announcement, VISR team has automatically distributed GAMMA tokens into users' wallets at a 1:1 ratio.

      For users who hold VISR on Hotbit, the following swap plans are now implemented:

        1. Hotbit has finished token swap for VISR holders on Hotbit based on the lower value regarding the volume of VISR held by each user on 02:17:19 PM UTC, December 21st, 2021 and 07:00 AM UTC, March 23rd, 2022(The ratio of token swap will be 1 old VISR : 1 new GAMMA).

        Note: Users who meet the snapshot rules can check the GAMMA assets by themselves now;

        2. The positions during the snapshot time include VISR in the spot account, available VISR in the investment account and the subscribed capital of VISR in investment area;

        3. According to the official rules of VISR, the swap will only be distributed proportionally to users with positions greater than or equal to 0.1 VISR on Hotbit (If your Hotbit account has a position of less than 0.1 VISR, you will not be able to participate in the contract upgrade and rename plan); 

        4. Hotbit has refunded USDT consumed based on the trading data for users who net bought VISR after 02:17:19 PM UTC, December 21st, 2021;

        5. For the deposit, withdrawal and trading functions of GAMMA, please wait for the follow-up notice for the specific reopening time. (Withdrawal function of GAMMA has been recovered at 10:10 AM UTC on March 25th, 2022 and the deposit and trading functions of GAMMA have been recovered at 06:30 AM UTC on April 13th, 2022)

        VISR old contract address: https://etherscan.io/token/0xf938424f7210f31df2aee3011291b658f872e91e
        GAMMA new contract address:

https://etherscan.io/token/0x6bea7cfef803d1e3d5f7c0103f7ded065644e197 

        Note: After Deposit function of GAMMA is restored, Hotbit only supports GAMMA deposit and withdrawal. Please do not deposit the VISR to your GAMMA deposit address, otherwise the loss caused will not be recovered.

        Thank you for your ongoing support and understanding for Hotbit!

Hotbit Team

March 25th, 2022