Eligible OKX Customers Impacted by BLUR Deposit Delays Will Recieve up to 500 OKB

Dear OKX Users,

When the BLUR token was listed on OKX on 14 February at 6:30 pm UTC, a large volume of deposits triggered OKX's risk control measures, resulting in slower deposit times, and impacting users' ability to trade.

OKX prides itself on putting its customers first and will therefore provide OKB compensation - up to 500 OKB maximum per user - to eligible users who were impacted by the incident.

We sincerely apologize to all users who experienced delayed deposits or were unable to execute trades in their preferred timeframes.

Users are eligible for OKB compensation if they:

Initiated BLUR deposit(s) and completed 12 confirmation blocks between 6:30 pm and 7:06 pm UTC on 14 February 2023; and
Had an actual deposit credit occur and appear in their funding account at 7:06 pm UTC or later on 14 February 2023; and
Waited 10 minutes or longer for deposits to appear in their funding account

Compensation calculation:

OKX will provide compensation at 500(BLUR):1(OKB) determined by the total number of BLUR tokens which are determined to have been delayed deposits to a user's account.

For example, if a 40,000 BLUR deposit is determined to have been delayed and eligible for compensation, the user will receive 80 OKB (40,000 / 500 = 80).

Maximum compensation per user is 500 OKB, and all compensation will be deposited directly into users' funding accounts in the next three business days.

For any additional inquiries regarding compensation or the BLUR listing, please contact us through the official OKX Telegramgroup or via the Support Center.

OKX

15 February, 2023 (UTC)

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Read the original article at okex

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