Transfer Disclosure (2,500,000 WEMIX)
Announcements

Transfer Disclosure (2,500,000 WEMIX)

2d"
1 year ago

Transfer Disclosure (2,500,000 WEMIX)
Since the partnership with Megaton Finance was announced in February 2023, the WEMIX3.0 ecosystem has successfully expanded to the TON network, and the oUSDC-oWEMIX$, oWEMIX-oWEMIX$ Pools were launched in March 2023. Furthermore, the WEMIX3.0 migration will take place using Klaysawp to further advance and develop the ecosystem.

A stable supply of WEMIX3.0 migration using the Lock and Mint method. After using the Lock and Mint method to bridge WEMIX to oWEMIX on the Klaytn chain (“lock” WEMIX on the WEMIX3.0 chain and “mint” the oWEMIX bridged on the Klaytn chain), WEMIX Classic can be swapped for oWEMIX using the WEMIX Classic-oWEMIX Migration Contract. The swapped WEMIX Classic will be claimed by the Foundation to be burned in the future. The following are details on transfers for providing oWEMIX liquidity.

> WEMIX Transfer Details
#1 [WEMIX Transfer] Bridge Wallet (0xb572…b5A9) ▷ Bridge2 Wallet (0x3D6A...A10d)
● Amount : 2,500,000 WEMIX
● TX Hash: 0xe885829acbd5fa8055f97e7837afc3ccff5ee89ede2e9588c0085f539643e9ad
#2 [oWEMIX Bridge] Bridge2 Wallet (0x3D6A...A10d) ▷ ozys Bridge Contract (0x445F...4D6d)
● Amount : 2,500,000 WEMIX
● TX Hash: Link
#3 [oWEMIX Receival] ozys Bridge ▷ Bridge2 Wallet (0x3D6A...A10d)
● Amount : 2,499,999.99 oWEMIX
● TX Hash: Link
#4 [oWEMIX Liquidity Transfer] Bridge2 Wallet (0x3D6A...A10d)  ▷ oWEMIX Migration Contract (0x8676...B483)
● Amount : 2,499,999.99 oWEMIX
● TX Hash: Link
> Summary on WEMIX Transfer
● Amount : 2,500,000 WEMIX
● Purpose : Provide oWEMIX liquidity for the WEMIX3.0 migration
● Impact on Circulation : There is no change in circulation due to the transfer from thefoundation-owned bridge wallet (in circulation) to an external wallet (in circulation). However, there may be a temporary change in the circulating supply due to the swap until the corresponding WEMIX Classic is burned.

The WEMIX team will continue to make efforts to expand and develop the most transparent blockchain ecosystem in the world.

WEMIX Communication Channels:
Twitter | Medium | Telegram | Facebook | Reddit
0 people liked this article