Hi, Wex should be clerarer about the whole token situation..

 Is anyone from Wex here? Can they answer these questions I have, because their statements so far have been so vague in the wording that they can be interpreted in many ways..

https://wex.nz/news/4

"The WEX token is a contract between us and users, according to which we are obliged to buy out the WEX tokens during a certain interval of time (2 years). In this case from the legal point of view it is the creditor’s right (right of the user) to get a compensation / payment for tokens and also to trade it."


 So does this mean that basically WEX is obligated to buy the tokens in the interval of 2 years BUT if we (the creditors) don't sell those tokens in those 2 years then we are screwed and we get nothing?

 From what I understand is it means basically that after 2 years (say the deadline is november 3rd 2019, 2 years after this post) if we haven't sold our tokens they will automatically be bought at the market value instead of the 1:1 ratio?

"In the first stage, tokens are redeemed from the market at regular intervals (daily, weekly, monthly). This stage has already been launched and changes can be seen online by the percentage of redeemed tokens."


 Does this mean they will be randomly paying users using the current rate without their consent? e.g. BTCET/BTC right now is at 0.483?


"At the second stage, tokens will be bought out 1 to 1 from user balances. The time of the launch of this stage has not yet been determined."

 So I'm guessing 1 to 1 means that in the second stage the tokens will be bought 1:1 ratio?


 What I don't understand is, if this were the case then wouldn't you expect the tokens to be way above .50? I mean if they are in fact promising 1:1 ratio compensation in the near future (2 years) I would think people would be buying Tokens e.g. BTCET/BTC since you would be basically doubling.. Unless I got something wrong?

 Or maybe the userbase just doesn't believe on their promise of 1:1 ratio change in 2 years??

 Please can someone clarify this?? Thanks in advance.