JuCoin launches IEO project Woody breach compensation mechanism

According to Foresight News, JuCoin has released an official announcement stating that due to a mistake made by the Woody project team in market value management, the IEO project was breached. JuCoin has immediately activated a breach protection mechanism and locked in the project team's market making margin, which will be fully used for market repurchases and user compensation. The platform will take practical actions to assume responsibility and protect user interests. JuCoin always adheres to the principle of "user first" and has zero tolerance for any behavior that harms user interests. It will continue to optimize the platform mechanism and build a more fair and secure trading environment. As of the time of publication, Woody's price is 0.006 USDT, and the project has effectively alleviated the issue of breakage with the support of JuCoin's compensation mechanism.