Transfer Disclosure (1,191,950.55 WEMIX) WEMIX Medium : https://medium.com/wemix-communication/transfer-disclosure-1-304-487-wemix-579ca82b8e43 On June 13th, a WEMIX transfer was made accordingly. 1. WEMIX transfer for resolving bad debt of WEMIX.Fi’s Lend & Borrow service  >  Details on the bad debt • On June 10th, a temporary surge in the price of wRFT and a user borrowing against the inflated collateral value of the REFLECT token without repayment caused a high volatility in wRFT’s price and created an unstable liquidation process, resulting in bad debt for the lending protocol. The WEMIX team will proceed with the liquidation process to protect investors and the community from the bad debts that have not been liquidated due to the sudden price fluctuation. ☞ Related Announcement: WEMIX.Fi- wRFT Lend & Borrow suspended  > WEMIX Transfer Summary • Amount: 1,191,950.55 WEMIX • Impact on Circulation: Circulating supply is not affected as the liquidation funds are transferred from the  foundation-owned wallet(in circulation) to LP wallet(in circulation). > WEMIX Transfer Details #1 [WEMIX Transfer] Circulation Wallet (0x116c...8aAe) ▷ LP Balance Wallet (0xC19E…e8EC) • Amount: 1,191,950.55 WEMIX • TX Hash: 0x030b7df8fe873b2a8f184431ca6420b6022dc609c03f1ed242483e97e5588559 * Up to 2 decimal digits are represented and the exact amount can be checked on the WEMIX explorer. Thank you.