WEMIX

Significant modifications to the REFLECT service within WEMIX PLAY are scheduled.The REFLECT token has traditionally derived its value from fusing various tokens within the WEMIX PLAY ecosystem. While this approach initially succeeded in maintaining alignment with game token values, the increasing number of Alliance members has reduced the impact of individual tokens and resulted in an overdependence on the value of certain tokens.As a result, the existing REFLECT service will be discontinued, and a new service featuring the PLAY Token (“PLAY Token”), a token exclusively designed for WEMIX PLAY, will be launched.Arrangements will be made to facilitate the SWAP of existing REFLECT tokens for the new PLAY Tokens.Please refer to the details below regarding the discontinuation of the REFLECT service and the introduction of the PLAY Token service.[Service Update Details] ▶ Termination of REFLECT Service • REFLECT Fusion service will cease on August 19, 2024 (GMT&#43;9). • REFLECT Fission service will remain available until September 2024 (GMT&#43;9) (TBA).▶ Issuance of PLAY Token • PLAY Token, a token exclusively dedicated to WEMIX PLAY, will be issued. • Further details regarding the use of the PLAY Token will be disclosed in due course.[REFLECT Update Schedule] REFLECT • Discontinuation of REFLECT Fusion : August 19, 2024 (GMT&#43;9) • Discontinuation of REFLECT Fission : September 2024 (GMT&#43;9) (TBA) • SWAP of REFLECT to PLAY Token : September 2024 (GMT&#43;9) (TBA)GameFi • Discontinuation of REFLECT liquidity pool deposits : August 19, 2024 (GMT&#43;9) * Withdrawals from the REFLECT liquidity pool will remain available after the cessation of deposits. • Discontinuation of REFLECT SWAP : September 2024 (GMT&#43;9) (TBA) * Exchange service between REFLECT and PLAY Tokens will be supported.※ The schedule is subject to change. ※ Additionally, due to IP restrictions in South Korea, PLAY Wallet users in this region will not be able to access the current REFLECT service. Therefore, users are advised to transfer to a wallet that supports REFLECT to maintain service continuity.[Update Platform] • WEMIX PLAY : <a href="https://wemixplay.com/" rel="noopener noreferrer nofollow">https://wemixplay.com</a>Thank you.Official WEMIX site announcement : <a href="https://www.wemix.com/communication/evolving-wemix-play-transformation-from-reflect-to-play-token-cf407a62790c" rel="noopener noreferrer nofollow">https://www.wemix.com/communication/evolving-wemix-play-transformation-from-reflect-to-play-token-cf407a62790c</a>[WEMIX Community] • WEMIX Official Webpage : <a href="https://www.wemix.com/communication" rel="noopener noreferrer nofollow">wemix.com</a> • Medium : <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">WEMIX Communication</a> | <a href="https://medium.com/wemix-play" rel="noopener noreferrer nofollow">WEMIX PLAY</a> | <a href="https://medium.com/nile-official" rel="noopener noreferrer nofollow">NILE</a> • WEMIX Channels : <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">X (formerly Twitter)</a> | <a href="https://www.facebook.com/WEMIXBlockchain" rel="noopener noreferrer nofollow">Facebook(WEMIX Platform)</a> | <a href="https://www.facebook.com/WEMIXGames" rel="noopener noreferrer nofollow">Facebook(WEMIX Games)</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a>

Evolving WEMIX PLAY : Transformation from REFLECT to PLAY Token

WEMIX

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