This update confirms one thing: community pressure matters. But the core issue remains unresolved. Billions now says the refund process was designed to balance “community requests, compliance and exchange requirements.” Then please clarify: Which exchange required changing the original 100% TGE unlock? Was it Coinbase? Another exchange? Or an internal decision? At the time of contribution, the Kaito Launchpad page showed “100% unlock at TGE.” That was the core economic term contributors relied on. If exchange or compliance requirements later forced a material change, contributors deserve to know: Who made the decision? When was the decision made? Why was this risk not disclosed earlier? Where are the 5.558M USDC funds now? Why can refunds only start on May 19? When will all refunds be completed? Does requesting a refund waive any rights? This is not just about “clarity.” This is about changing contributor rights right before TGE. Billions mentioned “compliance and exchange requirements” in its latest update. This needs clarification. Which exchange required the change from “100% unlock at TGE” to refund / 6-month lock / 12-month lock? Was this required by Coinbase, another exchange, or was it an internal project decision? If an exchange required this material change, contributors deserve to know why this risk was not disclosed before funding. If no exchange required it, then “exchange requirements” should not be used to justify changing contributor rights. Please clarify. @KaitoAI @billions_ntwk @billions_fdn @Punk9277 @provenauthority @CoinbaseSupport @cbventures @CoinbaseSupport @CoinbaseMarkets(MEJ毛毛姐)