Announcement of exchanging mVOLR to VOLR

Announcement of exchanging mVOLR to VOLR

1. Users should complete KYC before exchanging mVOLR to VOLR. Please refer to the link to complete KYC (https://medium.com/volare/how-to-complete-kyc-verification-for-volare-public-sale-8ef2f8517dcc). KYC is mandatory for every user due to AML issues.
2. Users who want to exchange mVOLR to VOLR should send mVOLR to the ‘mVOLR Converter’ by Whisper. The ‘VOLR CS’ account is open from February 27th to March 5th. The address of ‘VOLR CS’ will be posted on February 27th on Twitter.
3. The converted VOLR will be locked up for 6 months from the conversion date.
4. Users will receive the corresponding amount of the converted VOLR 6 months after March 6th.
5. The maximum amount of mVOLR exchange is 30,000. We’ve decided to exchange 30,000 because the maximum amount of mVOLR that one can receive from participating in the daily event is 14,000. However, we found fraudulent users owning over 100,000 mVOLR. When they exchange the VOLR, this will disadvantage the rest of the users and ecosystem.
6. We noticed that some users who participated bounty campaign own more than 30,000. The rest of mVOLR will be converted after a certain period.
7. If a user sends mVOLR without KYC or over 30,000 mVOLR, the mVOLR will be refunded after the conversion of mVOLR to VOLR which means once wrongly participated mVOLR will be able to exchange VOLR after a certain period.

The procedure of exchanging mVOLR

1. Get into volare.network and Complete KYC

2. Add ‘VOLR CS’ Account

3. Send mVOLR to ‘VOLR CS’

4. ‘VOLR CS’ will send a message when the participation is successfully completed on March 6th

Please comply with all of the requirements written above.

Always thankful for your long support of Volare Network.