The WEMIX Foundation completed the official onboarding process onto Ceffu (the only institutional custody partner of Binance) in March 2023. This strategic decision was undertaken to establish a secure and transparent asset management system. To store the foundation-owned non-circulating WEMIX, integration with WEMIX3.0 Mainnet and asset movement will be carried out accordingly. A meticulous seven-stage transfer process has been designed to ensure the safe transfer of assets.
> Foundation-owned non-circulating WEMIX: 609,389,730 WEMIX
- Foundation Reserve Wallet: 589,182,317 WEMIX
- Foundation Allowance Wallet: 20,203,496 WEMIX
- WEMIX Pte. Ltd.(based in Korea) Wallet: 3,917 WEMIX
> Foundation-owned non-circulating WEMIX transfer schedule (KST):
- [Test Transfer] May 11th: 1,000 WEMIX to Ceffu Wallet and retrieval to Reserve
- [1st Transfer] May 12th: 100,000,000 WEMIX
- [2nd Transfer] May 19th: 100,000,000 WEMIX
- [3rd Transfer] May 26th: 100,000,000 WEMIX
- [4th Transfer] June 2nd: 100,000,000 WEMIX
- [5th Transfer] June 9th: 100,000,000 WEMIX
- [6th Transfer] June 16th: 109,389,730 WEMIX
* Transfer schedule may change depending on circumstances.
The WEMIX team will strive to enhance transparency of the community and our investors by securely depositing the foundation-owned, non-circulating WEMIX onto Ceffu’s custody platform. Our unwavering dedication lies in the expansion and growth of the WEMIX ecosystem.
Thank you.