FAQs around Restructuring Scheme. Q1: Why is WazirX planning new business initiatives alongside distributing funds to Creditors.
06 Jan 2025, 09:12
๐ข FAQs around Restructuring Scheme
Q1: Why is WazirX planning new business initiatives alongside distributing funds to Creditors?
A: Zettai is committed to maximizing recoveries for Scheme Creditors. In addition to the First Distribution of rebalanced Net Liquid Platform Assets within 10 Business Days after the Scheme is effective, Zettai is focused on reactivating the Platform, recovering Illiquid Wallet Assets and Stolen Assets, and pursuing potential new business initiatives to enhance creditor recoveries further
Q2: What measures were taken to expedite rebalancing?
A: With over 4.4 million creditors, seeking individual approvals would have been a highly complex process, causing significant delays in distributions. To expedite recoveries, the Company has worked closely with the Committee of Creditors (CoC), which strongly supported the rebalancing plan as part of a viable Scheme proposal to allow distributions as soon as possible
For answers to more FAQs, click here ๐
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06 Jan 2025, 09:23
๐จ New Listing Alert! ๐
$SPORE will soon be available on BTSE!
๐น Pair: SPORE/USDT
๐น Deposits open: Jan 7, 8:00 AM (UTC)
๐น Trading starts: Jan 8, 8:00 AM (UTC)
Stay tuned for more updates! ๐
New Listing Alert. $SPORE will soon be available on BTSE. Pair: SPORE/USDT. Deposits open: Jan 7, 8:00 AM (UTC).
๐จ New Listing Alert! ๐
$SPORE will soon be available on BTSE!
๐น Pair: SPORE/USDT
๐น Deposits open: Jan 7, 8:00 AM (UTC)
๐น Trading starts: Jan 8, 8:00 AM (UTC)
Stay tuned for more updates! ๐
06 Jan 2025, 09:22
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Stay updated on the leaderboard
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Top 2000 USDT updated: Who's leading the race. After 5 days of exciting competition, the leaderboard has seen many changes.
Top 2000 USDT updated: Whoโs leading the race?
๐ฅ After 5 days of exciting competition, the leaderboard has seen many changes. Player "NGUYแปN HแปฎU LแปขI" has now moved into the lead with a trading volume of 1,108,931 USD!
๐ Rewards distribution for Top Racers:
- 1st place: 30%
- 2nd place: 10%
- 3rd-10th: 40%
- 11th-20th: 20%
Ready to show your skills? Join the competition now and see how you measure up!
๐
Stay updated on the leaderboard
๐ฒ Download ONUS to Join the Race
06 Jan 2025, 09:17
๐ฅ Build Stronger Team Bonds
In Web3, culture is key. Use virtual meetups, events, and team-building activities to strengthen relationships and foster collaboration.
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Build Stronger Team Bonds. In Web3, culture is key.
๐ฅ Build Stronger Team Bonds
In Web3, culture is key. Use virtual meetups, events, and team-building activities to strengthen relationships and foster collaboration.
A tight-knit team is more likely to stay engaged, loyal, and productive ๐ค