As a globally leading digital asset trading platform, Gate consistently adheres to “customer-first” service philosophy and highly values the investment experience of every participant in our offerings. After proactive communication with the PFVS team, we have jointly decided to implement a token buyback program to 100% compensate users who incurred losses in the PFVS Launchpad subscription. Profitable users can retain 100% of their earnings unaffected by this initiative.

We confirmed that the PFVS team will soon launch an irregular revenue-based buyback plan (specific arrangements subject to their official announcements).

Eligible users may now apply for the buyback under the following terms:

I. Buyback Program Details

1. Scope: All tokens acquired via Launchpad subscription (excludes secondary market purchases, deposits, or transferred/withdrawn tokens).
2. Criteria: Users with losses (“total sale value < subscription cost”) holding sufficient subscribed tokens (market repurchases allowed to replenish sold amounts).
3. Buyback Price: Fixed at the subscription price of 0.07 USDT/PFVS.

II. Loss Qualification Standards
Calculation: (Average sale price × sold quantity) < subscription cost.
Eligibility: Must meet scope requirements.
Examples:
Case 1 (Loss): Subscribed 100 PFVS (cost: 7 USDT), unsold → qualified.
Case 2 (Loss): Subscribed 100 PFVS (cost: 7 USDT), sold 50 at 0.08 & 50 at 0.04 (avg. 0.06, total 6 USDT, loss 1 USDT) → qualified.
Case 3 (Profitable): Subscribed 100 PFVS (cost: 7 USDT), sold 50 at 0.1 & 50 at 0.06 (avg. 0.08, total 8 USDT, profit 1 USDT) → excluded.
Case 4 (Not applicable): Subscribed 100 PFVS (cost: 7 USDT), were transferred/withdrawn → excluded.
Case 5 (Not applicable): Subscribed 100 PFVS (cost: 7 USDT), losses from secondary market trades (e.g., bought 100 at 0.08, sold 200 at 0.07, cost 15 USDT and sold profits 14 USDT, loss 1 USDT) → excluded.

III. User Process

1. Ticket Submission: Eligible users must apply via the ticket by July 12, 2025, 16:00 (UTC).
   Ticket link: https://www.gate.com/questionnaire/6826
2. Token Preparation: Ensure account holds subscribed PFVS quantity (repurchase allowed if sold).

Note
Late submissions or insufficient token holdings will disqualify users from the buyback.

If you have any questions or assistance, please feel free to contact our customer support team. Thank you for trusting Gate as your partner. We remain committed to customer interests and fostering a healthier crypto ecosystem.

Gate Team
June 24th, 2025

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