Announcement from Ouyi on Launching PI (Pi Network) Spot Trading

Dear Ouyi user: Ouyi is about to launch PI (Pi Network), and the specific schedule is as follows: Online Time * PI Open Deposit Time: 10:45 AM on February 12, 2025 (UTC+8) *PI call auction time period: 3:00 pm to 4:00 pm on February 20, 2025 (UTC+8) *PI/USDT spot trading opening time: 4:00 PM on February 20, 2025 (UTC+8) *Open withdrawal time for PI: 4:00 PM on February 21, 2025 (UTC+8) Risk control rules for spot opening Order restrictions: Due to the significant price fluctuations of the new currency at the opening, in order to protect investors from market fluctuations, Ouyi will impose the following restrictions on orders within the first 5 minutes after the start of spot trading: *Market order trading is not allowed *The maximum amount for each limit order is $10000 *The maximum net holding amount for a single user is $10000 The above restrictions will be lifted 5 minutes after the start of trading. Limit price limit: If there is an available index price for this coin pair, the platform will activate the limit price mechanism. The limit price rules are as follows: Stage | Buy Maximum Limit | Sell Minimum Limit| Within 10 minutes of the launch of the new coin | Index x (1+X) | Index x (1-X)| 10 minutes after the launch of the new coin | Min [Max (Index, Index x (1+Y)+average premium over the past 2 minutes), Index x (1+Z)] | Max [Min (Index, Index x (1-Y)+Average premium over the past 2 minutes), Index x (1-Z)]| Note: The parameter values of X, Y, and Z will be adjusted according to market conditions. Regarding call auction The PI/USDT spot launch will adopt a call auction mechanism, with a call auction time of 1 hour. Ouyi adopts a call auction mechanism, where you can place an order at your desired price according to established trading parameters before the new trading pair officially starts trading. The trading system will process all submitted orders according to the call auction rules and calculate a reference opening price based on these submitted orders. In order to maintain market order for all users and reduce disruptive trading experience, (1) during the call auction period, we limit the total amount of buy orders for a single user, with a maximum buy quantity of $50000 per user; (2) During the last five minutes of the call auction, users can only place limit orders and are not allowed to change or cancel orders. Please visit the OKX call auction mechanism to learn more about the rules. In order to provide more trading information, after the call auction ends, Ouyi will use the opening price of the project party at the beginning of spot trading as the starting price for the transaction. The opening price provided by token project parties is usually based on the project's valuation, and its price is for reference only. The opening price is not determined by the call auction mechanism and will not affect the price at which you place your order. Project Introduction: Pi Network is a social cryptocurrency, developer platform, and ecosystem designed to achieve widespread accessibility and real-world practicality. It enables users to mine and trade Pi using a mobile friendly interface, while supporting applications built on its public chain ecosystem. Pi has over 60 million users, of which over 19 million have been authenticated (through its local KYC solution) and over 10 million have migrated to its main network. *English full name: Pi Network *English abbreviation: PI *Circulation supply: 6.0417 B *Total Issuance: 9.294B *Maximum supply: 100B *Check Pi Network prices: https://www. (okx.com)/price/pi-network-pi Deposit USDT immediately to prepare for PI/USDT spot trading: Ouyi will continue to provide you with better products and services! Ouyi team February 12th, 2025