Support, two questions. First, is there any possibility, even slight,

that the peg for USDT-WXG might be adjusted? Second, if the peg issue doesn't resolve, are there plans to eventually change the token name from USDT-WXG, like when USDN was changed to XTN?

Hello! WXG tokens are low in price due to liquidity issues on the gateways, which are suspended for maintenance and audit by the team at the moment. As soon as the problems with liquidity are solved and the audit is done, it should go back to normal. Regarding the renaming of the token, the team has no plans for this. In any case, you need to wait for the results of the audit first.

Did your colleague really say the audit would be done by the end of May?

Unfortunately, I do not have exact information about the end of the audit. However, we expect it to be completed soon.

What is being audited?

Just statement to make you relax and hopefully 🙊

As we have repeatedly mentioned, WX Network gateways are audited to identify all associated addresses with liquidity remaining over the years of their operation, and based on the results, they are planned to be reopened so that customers can withdraw their tokens 1:1 regardless of the market price on our platform.

A month ago, you said withdrawals would resume once system issues were resolved. Which statement is true?

And how it contradicts my words, an audit is carried out to identify and resolve system issues.

OK, My $5000 USDT has become about $300. Many have lost around 90% of their assets. If you prop up as you say, you're essentially transferring 90% of the profit to yourself. I'd like your honest thoughts on this.

As you were refunded the same amount you requested for withdrawing, it's absolutely opposite to your idea of transferring a part of profit to anyone. The issue is in price, which is low due to current impossibility to withdraw it via the old gateways, while open gateways provides the necessary liquidity to arb this price, as withdrawing via the old gateways is processed basing on the token's amount (what means 1:1), not on its price.

You're mistaken. We're buying 100 USDT-WXG from you at a 1-to-1 ratio with 100 USDT. But you're forcibly buying it back from us at a 90% discount for 10 USDT. So where's the remaining 90 USDT. understand?

It's not the case, friend, as we cannot forbid users to sell it at 90% loss, if the lowest price in any of these pairs is $1 per each (let's say USDT-WXG), the bot would fill it, as it buys WXG tokens at the market price.

Of course. Work hard to prop it up and return it to $1 quickly. I'm counting on you.