Dear BigONE users,
According to the official announcement of GXChain, GXC plans to upgrade to the REI network and start the token split and swap plan. The split ratio will be: 1 GXC = 10 REI. BigONE will support this split and provide users with exchange services, and BigONE users can complete the swap without any operations.
Details are as follows:
- BigONE will delist GXC/USDT and GXC/BTC trading pairs at 17:00 on 14th March 2022 (GMT + 8) and close the deposit and withdrawal services of GXC at the same time. During this period, pending orders for the above trading pairs please cancel in advance. If you do not cancel the order after delisting, the system will automatically cancel the order for you, and the relevant assets will be returned to your spot account.
- BigONE will then take a snapshot of the user's GXC holdings and issue a new token REI to the user according to the exchange ratio of 1 GXC = 10 REI.
- BigONE will announce the distribution time, listing time and opening time of deposit and withdrawal services of the new token REI.
- BigONE's GXC earning product is expected to be terminated at the end of April according to the GXC upgrade plan (the termination time may be adjusted according to the stop time of GXC node 1.0) and a separate announcement will be made before the GXC earning product stops running. The GXC of the Earn account will not be exchanged for new currency REI temporarily, you can transfer it to the funding account to obtain the exchanged new currency REI after the GXC earning product is stopped.
- After the first exchange is issued, the GXC deposit service will be opened again (the specific time will be announced), and the withdrawal service will remain closed. BigONE will swap GXC for users according to the GXC snapshot results at 00:00 (GMT + 8) every Friday and issue REI to users.
- The scope of snapshot includes funding account and trading account (spot account). Mixin users must transfer assets to BigONE's funding account to participate in the snapshot, and the assets of the Earn account needs to be transferred to the funding account to participate in the snapshot.
Project name: REI Network
Project introduction: REI is developed for the evolution trend of blockchain, aiming to realize a lightweight, EVM-compatible, higher-performance, gas-free blockchain framework.
Token Name: REI
Total supply: 1,000,000,000 REI
Current circulation: 750,000,000 REI
Official website: https://www.rei.network
Block Explorer: https://scan.rei.network/
Announcement | $GXC-$REI Converter is Now Open for Token Swap
BigONE, more than just asset security.
7 March 2022