The Administrator hereby announces the cessation of the below benchmarks from the CF Cryptocurrency Index Family:

Benchmark	Ticker
CF Avalanche-Dollar Settlement Price	AVAXUSD_RR
CF Avalanche-Dollar Spot Rate	AVAXUSD_RTI
CF Filecoin-Dollar Settlement Price	FILUSD_RR
CF Filecoin-Dollar Spot Rate	FILUSD_RTI
CF Tezos-Dollar Settlement Price	XTZUSD_RR
CF Tezos-Dollar Spot Rate	XTZUSD_RTI

Rationale for Cessation

The reason for cessation of these benchmarks is commercial. The Administrator will publish benchmarks to replace them that will:

• Utilise input data from the same pool of Constituent Exchanges
• Utilise the same calculation methodology
• Be published at the same time of day – 16:00 London – utilising input data during the most liquid period for trading in the Asset Pairs
• Mean no loss of service for index users

Implementation Timeline

To promote an orderly transition and minimise any market impact, the benchmarks will continue to be published until provision ceases from 11:00 London time on October 31st 2022, meaning that the last values to be published will be for October 30th 2022.

In accordance with the Administrator's policies and procedures, this cessation will not be subject to a consultation process.

Alternative Benchmarks

Alternative benchmarks to those that are the subject of this announcement will be available from the Administrator. The alternative benchmarks will be determined using the same calculation methodology and published at the same time of day as the benchmarks that are the subject of this announcement. The alternative benchmarks will be available to license from the Administrator. All existing licensees will automatically be licensed to utilise the alternative benchmarks for all existing use cases.

The CF Oversight Function has provided oversight to this process.

Questions or queries should be addressed to [email protected]

Should any user wish to file a complaint regarding this cessation process, they can do so confidentially by emailing [email protected]