During the first scheduled Buyback Period, between 00:00:00 UTC October 26th, 2021 and 23:59:59 UTC October 28th, 2021, EQO-D holders may be able to sell back eligible EQO-D tokens via the EQONEX user interface, if they fulfill relevant terms and conditions (see Eligibility Section in EQO-D Whitepaper). Holders will need to close any open Perpetual positions before they can utilize the Buyback. Any tokens not sold back by 00:00:00 UTC on October 29th, 2021 will be forfeited.

EQO-D holders holding within Digivault will have their tokens automatically sold back into the Buyback, holders within EQONEX will have to sell into the Buyback. In both cases, holders can only submit a maximum of 5,000 EQO-D to the Buyback. The Buyback Price of each EQO-D token will be determined by 3 factors:

  1. The Buyback Pool;

  2. The number of Eligible Tokens; and

  3. The EQO Multiplier.

For more information about Buyback feature and its Terms and Conditions, please refer to EQO Dollars Whitepaper.

Step 1: Click the User Profile icon at the top-right corner of the dashboard.

Or, from the Trading screen (/trade), click the burger menu. Now click Account or User Profile.

Step 2: Select the EQO Dollars tab.

Step 3: Click the Buyback button. Please note that if you have open perpetual positions in your EQO Dollars sub-account, you will be asked to close them before you can buyback.

You will receive a confirmation of the USDC deposit to your account.

For further assistance or more information, please contact our Customer Support team via help@eqonex.com or click on the chat widget at the bottom right-hand side of the EQONEX page.

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