📢 BitNest Official Announcement | Progress of the Old BitLoop Contract & Update on the BitLoop C Partner Development Plan

💡Dear BitNest Community Members:

📌Regarding the recent high level of community concern regarding the progress of the old BitLoop matching mechanism and the future direction of the ecosystem, the BitNest Foundation hereby issues the following official statement to the community:

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1️⃣ Explanation of the Progress of the Old BitLoop Contract and Fund Matching

As the original old BitLoop matching contract failed to pass the full audit standards in the latest round of security audits, it was unable to complete the planned matching process by January 15th.

Out of careful consideration of user asset security, long-term system stability, and compliance risks, BitNest has officially discontinued the use of the old matching logic and is rebuilding a completely new matching mechanism smart contract.

Currently, the new matching contract has entered the full security audit phase and is expected to be completed and officially launched on March 16th.

📌 During this period, please be patient if your old BitLoop orders have not yet been refunded. All related funds are on-chain, fully recorded, and traceable. The matching and processing process will proceed in an orderly manner according to the new contract rules.

🔴BitNest reiterates:

👉 This adjustment is not due to financial risk, but rather a system-level upgrade decision with security as the highest priority.

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2️⃣ Partner Development Program Continues

While the old BitLoop contract is being phased out, the BitNest ecosystem has fully entered the BitLoop C era.

BitLoop C is not a temporary solution, but rather:

To address the limitations of the old cryptocurrency matching path,

To improve matching efficiency, order density, and account weighting system,

And to lay the foundation for ecosystem expansion over the next 3-5 years as a long-term core module.

🔴Based on this, the BitNest Foundation has decided to:

• 👉 Continue to open the BitLoop C Partner Development and Invitation Program
• 👉 Encourage community members to shift their focus to BitLoop C for long-term development and career advancement.

The core advantages that BitLoop C partners will receive include:

• Higher matching priority and account weight
• A clearer and more stable commission and team revenue structure
• Dual circulation of USDT/USDC, avoiding cryptocurrency matching risks
• Deep involvement in BitNest’s future ecosystem expansion and node system
• A long-term development path from «participant» to «builder»

📌 Partner applications remain free and open.

📌 All applications are submitted through the official BitNest platform.

📌 Partners will receive corresponding… Backend Permissions, Data Tools, and Community Support

BitNest encourages every community member to rationally choose their position:

You can choose to wait for old orders to complete.

Or you can choose to simultaneously establish new revenue streams and team structures in BitLoop C.

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3️⃣Our Stance Remains Clear

💡BitNest consistently adheres to the following principles:

• ☑️Security First: We will not sacrifice security for speed.
• ☑️Transparent Rules: All logic is written on-chain, not just verbal promises.
• ☑️Long-Term Co-construction: This is not a one-off opportunity, but a sustainable path.

We understand the feeling of waiting and respect the choices of users at different stages.

📌However, BitNest hopes the community will see:

👉 An ecosystem that is being repaired, upgraded, and continuously evolving.

Thank you for the understanding, patience, and support of all community members.

BitNest Foundation / Community Operations Team⚡️

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