Announcements An Update on the Progress of QANplatform (QANX) Token Swap

An Update on the Progress of QANplatform (QANX) Token Swap

2023-04-21 03:41:38 UTC 18740 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
As the QANplatform (QANX) bridge smart contract was attacked, QANplatform (QANX) tokens were scheduled to be migrated to a new contract.

The details of the token swap, as requested by the project team, are as follows:
1.Users who hold QANX before October 11, 2022, 08:16:39 a.m. UTC will receive the new token on a 1:1 basis.
2.Users who traded QANplatform (QANX) during the time period from October 11, 2022, 08:16:39 a.m. UTC to October 11, 2022, 09:28 a.m. UTC and suffered losses will receive additional new tokens on a 1:0.5 basis as compensation.
3.For users who traded on decentralized exchanges (DEXs) from October 11, 2022, 08:16:39 a.m. UTC to October 11, 2022, 09:28 a.m. UTC and have a Gate.io address, we will distribute the new contract tokens on behalf of the project team.

Current progress:
1.We have distributed the new tokens to users who held QANX before October 11, 2022, 08:16:39 a.m. UTC on a 1:1 basis, which can be verified in Account Statement.
2.The compensation for users who traded QANplatform (QANX) during the time period from October 11, 2022, 08:16:39 a.m. UTC to October 11, 2022, 09:28 a.m. UTC and suffered losses has not been finished yet. The process involves complex calculation and hence is still in progress. We will distribute the tokens immediately upon completing the calculation and verification. We apologize for any inconvenience caused. Thank you for your understanding and support.
3.For users who traded on decentralized exchanges (DEX) and have a Gate.io address, we will distribute the new tokens as soon as possible. Users could monitor their account balance themselves. For any further questions, you may seek help from our customer service by submitting a ticket.

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Gate.io Team
April 21st，2023

An Update on the Progress of QANplatform (QANX) Token Swap

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