Dear Vmile Members,

To ensure the healthier development of the TAPTAP ecosystem, stabilize the TAP2 price, and prepare for listings on larger exchanges and the launch of TAPTAP bank cards, we have decided to implement de-modelizationfully enhancing the real demand for our token.

Starting September 9, 2025, the platform will officially stop allowing new members to purchase the 3 Vmile Membership Card. This means TAP2 will gradually transition into scarcity, market selling pressure will decrease, and supply-demand dynamics will return to balance, further highlighting TAP2s rarity and long-term value.

The following execution plans will take effect from September 6, 2025, for different member categories:

1.⁠ ⁠Members Who Have Reached 3 Cumulative Returns

Criteria:

⁠- (Cumulative Returns Re-purchased Cards) Deposit Amount 3

⁠- Verified by the same email address

Execution Plan:

⁠- Vmile Points: Release stops Remaining balance auto-converted into TAP2 Points (at USD 6.347)

⁠- Vmile Cards: Re-purchase stops Remaining balance 3 converted into TAP2 Points (at USD 6.347)

2.⁠ ⁠Senior Members (10 months)

Criteria:

⁠- Registration time 10 months, OR

⁠- (Cumulative Returns Re-purchased Cards) Deposit Amount 1.5

Execution Plan:

⁠- Vmile Points: Release stops Remaining balance auto-converted into TAP2 Points (at USD 6.347)

⁠- Vmile Cards: Re-purchase stops Remaining balance 3 converted into TAP2 Points (at the 24-hour highest price, no lower than USD 1.00)

3.⁠ ⁠Regular Members

Execution Plan:

⁠- Vmile Points continue normal release and conversion into TAP2 tokens (at the 24-hour highest price, no lower than USD 1.00)

⁠- Until the member becomes a Senior Member (10 months) or achieves cumulative returns 3 deposit amount

TAP2 Points Token Use Cases

TAP2 Points

⁠- Convertible 1:1 into TAP2 Tokens

⁠- TAP2 Points converted from Vmile Cards are valid for 180 days

TAP2 Tokens

⁠- Withdraw to LBANK Exchange

⁠- Earn holding yields (30 / 90 / 180 days)

⁠- Purchase at agent price (physical virtual cards)

⁠- Participate in Global Diamond Partner program

⁠- Unlock VIP Membership mechanisms

⁠- Adopted by ecosystem project partners

In Summary, This Adjustment Will:

1.⁠ ⁠Fully end the 3 bubble release, reducing circulation and selling pressure

2.⁠ ⁠Focus on developing TAP2 ecosystem demand, strengthening real-world use value

3.⁠ ⁠Drive supply-demand balance, ensuring long-term price stability for TAP2

4.⁠ ⁠Lay a solid foundation for listings on larger exchanges and the rollout of TAPTAP bank cards

We firmly believe: TAPTAP is a sound ecosystem, and TAP2 is a valuable asset. The global digital banking direction is the future, and the TAPTAP ecosystem will stand out in this trend with global competitiveness.With the gradual phase-out of the 3 Membership Card model, TAP2 will become increasingly scarce. Let us hold firmly for long-term value, and embrace a more stable and prosperous future together!

The Vmile Operations Team reserves the final right to supplement, modify, or revoke this announcement when necessary, without further notice.

Vmile Operations Team