CoinStats - NPXS will be PUNDIX

NPXS will be PUNDIX

5y ago•

Pundi X

bullish:

bearish:

The token redenomination will commence on March 30, 2021

As previously announced, the token redenomination will commence at 14:00 GMT+8 on March 30, 2021. Based on community’s response, we’ve chosen PUNDIX as the token ticker of the new token after the token reduction. We think this strengthens the Pundi X brand and it’s easily recognized by people and exchanges.

You can swap 1,000 NPXS tokens for 1 PUNDIX token. There is no change in the value of the new tokens a user holds after token redenomination compared to the total value of the old tokens.

There are three ways to swap your NPXS for PUNDIX.

Manual on-chain swap at the Pundi X official site

Who: ERC20 compatible blockchain wallet holders
How: Connect your private wallet to the Pundi X official swap site which will be available after March 30 on https://www.pundix.com.
When: Anytime from March 30, 2021 to March 29, 2022. The holders decide.
Result: Receive PUNDIX after the swap. The speed of receiving new tokens will depend on the traffic condition of the Ethereum network at the time.
Advantages: Holders can keep PUNDIX in their private wallets and participate in the upcoming DeFi staking in April. Holders can also choose their preferred time to swap or trade NPXS or PUNDIX.
Disadvantage: Need to pay ETH gas fee.

2. Auto swap in the XWallet

Who: XWallet holders
How: The process is automatic. Holders don’t need to do anything.
When: March 30, 2021. Deposit and withdrawal will be suspended 24 hours before the swap.
Result: Every 1,000 NPXS will become 1 PUNDIX automatically.
Advantages: It’s automatic and there is no gas fee.
Disadvantage: To participate in the decentralized staking, holders need to withdraw their PUNDIX tokens to their private wallets.

3. Auto swap in the supporting exchanges

Who: Wallet holders on participating exchanges.
How: The process is automatic. Holders don’t need to do anything.
When: Depends on the exchange’s timeline. Please refer to the announcement from the exchanges.
Result: Every 1,000 NPXS will become 1 PUNDIX automatically.
Advantages: It’s automatic and no need to pay gas fee. Holders can trade PUNDIX immediately in the exchanges after the swap.
Disadvantage: To participate in the decentralized staking, holders need to withdraw the PUNDIX tokens to their private wallets.

*PLEASE DO NOT SEND YOUR TOKENS TO ANY ADDRESSES OR OUR CONTRACT ADDRESSES TO SWAP BECAUSE YOUR TOKEN CANNOT BE RETURNED.

Which ERC20 compatible blockchain wallets support the swap?

The following decentralized wallets will support the swap: Metamask, WalletConnect, Trezor and Ledger. WalletConnect is an open source protocol that many decentralized wallet apps use, including f(x)Wallet which will be available on both Apple App Store and Google Play for download as well as Atomic wallet. You can also find a list of supporting wallet apps at https://walletconnect.org/wallets.

CAUTION! Before you swap:

1. Do not perform the swap with your private wallet on an unknown domain or any page asking you to connect your wallet with the recovery seed phrase. If you do, you won’t receive anything.

The official swap page will be available on March 30, 2021 and only on the Pundi X official site on https://www.pundix.com. Ensure you are on the official site.

2. Beware of scammers. Please triple check before you swap your NPXS tokens. Here is a list of Pundi X official communication channels:

Blog: https://blog.pundix.com, https://medium.com/pundix

Telegram group: https://t.me/pundix

Telegram news channel: https://t.me/pundixofficial

Twitter: https://www.twitter.com/pundixlabs

Facebook: https://www.facebook.com/pundixlabs/

Instagram: https://www.facebook.com/pundixlabs/

XWallet support: https://support.pundix.com/

Official admins do NOT contact you actively to offer any swap assistance.

We will update the step-by-step guide here. Please stay tuned.

How to see PUNDIX tokens in your private wallet?

Click “Add Custom Token” and input the following information:

PUNDIX Token Contract Address: 0x0FD10b9899882a6f2fcb5c371E17e70FdEe00C38

（PLEASE DO NOT SEND ANY OF YOUR TOKENS TO THIS CONTRACT ADDRESS. THIS IS NOT A WALLET ADDRESS. YOUR TOKEN CANNOT BE RETURNED FROM THIS ADDRESS）

Symbol: PUNDIX

Decimal: 18

Which exchanges support the swap?

Some leading exchanges are planning to support the swap. Once the exchanges announce their support on their official channels with their own timelines and schedules, we will also update them below.

How to swap NPXS for PUNDIX in XWallet?

Your NPXS will automatically be swapped for PUNDIX after March 30, 2021. You don’t need to do anything.

How to participate in the PUNDIX staking?

Staking will be available on f(x)Wallet beginning April 6, 2021. It’s a decentralized staking process and you can simply follow the instructions when available. Please follow the Function X Hashout series.

NPXS will be PUNDIX was originally published in Pundi X on Medium, where people are continuing the conversation by highlighting and responding to this story.

5y ago•

Pundi X

bullish:

bearish: