We are sorry to find that the price of $BYIN has not performed as well as expected due to the sluggish market environment. That’s why we’ve decided to trigger the CPP’s protections early and refund users who participate in $BYIN IDOs.
Who can participate in refunds?
A full refund of the $BYIN IDO is available for the following accounts, including:
- Accounts participating in $BYIN IDO that have not claimed tokens
- Accounts that have received tokens but have not been transferred
Please note that tokens that have already been transferred and traded are not eligible for this refund as agreed in advance by the $BYIN IDO CPP program (Link).
How to make a refund?
- the user transfers the claimed $BYIN to the refund address (users who have not claimed tokens need to claim them first);
- we will check whether the wallet address and tokens complies with the rules, and if it complies with the rules, you will receive the refunded $TON within no more than 36 hours;
- if the tokens do not comply with the refund rules, they will be returned after the end of the refund window;
- the refund window is from September 07, 2024 09:00 (UTC) to September 14, 2024 09:00 (UTC).
Please note that if you transfer tokens to the refund address that do not comply with the CPP refund rules, you may lose those tokens.
Other notes
- this refund is only available to Users who participated in the $BYIN IDO on the TonUP Platform and are eligible for the CPP Program;
- the refund window is 7 days and users need to do it within 7 days; we will reject all refunds that expired;
- any address that did not participate in the IDO or any tokens transferred from a third party address will not be eligible for this refund.
Refund address: UQCgo3EuKaOHFzVG3WwTV1UMtntecbLntICP1DaZmZQL7tIm