Dear BitNasdaq Users,

Since the launch of Contract Insurance Pool Rules V1.0 on January 15, 2026, the platform has completed a 15-day testing period. During testing, several technical issues were identified and optimized. At the same time, BitNasdaq has refined specific rule details to further enhance fairness, transparency, and user experience.

The key updates are as follows:

Rule Adjustments

1. Payout Method Optimization

• Previous rule: Compensation released over 30 days

• New rule: One-time full payout

2. Insurance Purchase Requirement Adjustment

• The mandatory requirement to repurchase insurance within 5 days has been removed

• Repurchase is now entirely voluntary

3. Insurance Premium Payment Adjustment

• Insurance premium is determined only by the premium paid before opening a position

• The previous rule of deducting 10% of contract profits as insurance premium has been canceled

4. Commission Mechanism Upgrade (Based on Insurance Premium)

• Commission rates (settled in USDT): User Level Commission Rate

• Regular User 15%

• Node Pool User/KOL 20%

• Hive Pool User 23%

• Super Pool User 25%

• Unlimited levels

• Differential commission system

• Same-level cut mechanism

• Commission is credited immediately upon insurance payment

5. New Feature: Early Settlement for Single Loss During Insurance Period

• During the insurance validity period, if a new single loss occurs, users may choose early settlement and receive compensation

Effective Date

Contract Insurance Pool Rules V1.1

Effective from: February 1, 2026

BitNasdaq remains committed to building a safer, more transparent, and efficient trading protection system.

Thank you for your continued support.

BitNasdaq Team

January 29, 2026