Because no secondary market for WIN/BTC had been established by the required date of 28 December 2016, the settlement price for the ETCWin / Bitcoin 30 December 2016 futures contract, WINZ16, will be based on the final ICO price of ETCWin as per our previous email announcement dated December 19.
The final. ETCWin ICO Price was 1 WIN to 1 ETC. As such, settlement will use the .ETCXBT30M Index for the settlement price.
The BitMEX .ETCXBT30M Index is a 30-minute TWAP of the Ethereum Classic price at Poloniex ending at 12:00 UTC from the .ETCXBT Index.