PURSE Airdrop to PUNDIX holders on Upbit

Dear Upbit users,

Pundi X(PUNDIX) has announced that the governance vote for the Purse(PURSE) airdrop for PUNDIX holders on Upbit has been approved.As a result, Upbit will support an airdrop of 4,000,000,000 PURSE tokens for our PUNDIX holders.

[Reference]

• Notice on the result of Pundi X governance vote
• [Digital Asset] Voting on the Governance Proposal to airdrop Purse(PURSE) among Pundi X(PUNDIX) holders

Please refer to the following summary for guidance on the details of the airdrop.

[Snapshot]

• Snapshot schedule: 2023-11-30 00:00:00 ~ 2023-12-20 11:59:59 (KST)
• Snapshot method: The average PUNDIX holdings of Upbit traders will be calculated based on their daily holdings at 11:00:00 (KST) throughout the snapshot period.*Above information was provided by Pundi X, and more details can be found on their Twitter account, Pundi X Labs.
  *Only holdings that have been deposited and reflected in accounts will be included in the snapshot calculation, while pending deposits and withdrawals will not be included.

[Distribution]

• Basis for calculating airdrop ratio: Total amount of PURSE tokens scheduled for airdrop (4,000,000,000) / Average PUNDIX holdings of all Upbit traders during the snapshot period
• Amount of airdrop: Average PUNDIX holdings of Upbit traders during the snapshot period(21 days) * airdrop ratio
• Distribution method: Batch distribution after the snapshot schedule
  *Above information was provided by Pundi X, and more details can be found on their Twitter account, Pundi X Labs.

[Expected Distribution Schedule]

• The exact distribution schedule has not been confirmed yet, and we will update you through a notice once it is confirmed.
• The snapshot and airdrop distribution schedules are subject to change based on updates or modifications made by Pundi X.

[Notes on airdrop]

• If PUNDIX was bought and sold at the snapshot time, the buyer of that transaction will be eligible for the airdrop, but the seller will not be.
• Please note that this airdrop support does not imply Upbit listing.
• Trading support for PURSE will be determined through an internal review process conducted by Upbit.

Please rest assured that Upbit is fully committed to ensuring the safety of your trading.

Thank you.

※ If there is any discrepancy between the translated English version and the original Korean version, the Korean version shall prevail.