Change in Circumstance

Change in circumstance may result in the addition or deletion of a constituent depending on the objective, rules, and other factors of the affected index.

Significant Change in Circumstance

The following events are considered significant changes in circumstance, which may result in essential impacts on the effectiveness of the index:

• The index's amplitude of fluctuation exceeds 50% within 24 hours.

• The index constituent's amplitude of fluctuation exceeds 50% within 24 hours.

• The index constituent is suspended from trading or removed from the major exchanges.

• The index constituent experiences consequential events, including hacking attacks, rug pulls, hard forks, or other similar events.

General Change in Circumstance

The following events are considered general changes in circumstance, which may result in impacts on the effectiveness of the index:

• The index constituent conducts major actions, including a massive burn or airdrop of the token.

• The index constituent is listed on new exchanges that are major exchanges recognized by CBI.

When a significant change in circumstance occurs, the Index Committee must respond immediately with urgent proposals and make decisions about the adjustment of the index accordingly. When a general change in circumstance occurs, the Index Committee must respond with general proposals and make decisions about the adjustment.