Gate.io Completed QANplatform (QANX) Token Swap

According to the QANplatform (QANX) project team, QANplatform (QANX) tokens were scheduled to be migrated to a new contract as the QANplatform (QANX) bridge smart contract was attacked. Gate.io has now completed the token swap and users can now head over to Account Statement to view the new QANX tokens they have received.

The details are as follows:1.Users who hold QANX before October 11, 2022, 08:16:39 a.m. UTC will receive the new token on a 1:1 basis.

2.Users who traded QANplatform (QANX) between October 11, 2022, 08:16:39 a.m. UTC and October 11, 2022, 09:28 a.m. UTC and suffered losses will be compensated at a ratio of 1:0.5 of the USDT value of the losses (The price of QANX will be the pre-attack price, that is 0.012 USDT).

For example:

1. If you only bought QANX on Gate.ioIf you bought $150 worth of QANX tokens between October 11, 2022, 08:16:39 a.m. UTC and October 11, 2022, 09:28 a.m. UTC, your net loss is $150. You will be compensated by 50% of your net loss, so you will receive (150/2)=$75 worth of QANX tokens. Calculated at the pre-attack price of 0.012 USD, you will receive 75/0.012=6,250 QANX.

2. If you bought and sold QANX on Gate.ioIf you bought $150 worth of QANX tokens during the aforementioned period and sold for $50 before the trading closed on October 11, 2022, 09:28 a.m. UTC, your net loss is $100. You will be compensated by 50% of your net loss, so you will receive 100/2=$50 worth of QANX tokens. Calculated at the pre-attack price of 0.012 USD, you will receive 50/0.012=4,166.66666667 QANX.

3.For users who traded on decentralized exchanges (DEXs) between October 11, 2022, 08:16:39 a.m. UTC and October 11, 2022, 09:28 a.m. UTC and left a Gate.io address, we will distribute the new QANX tokens to their accounts as designated by the project team. Users can check details in Account Statement and submit a ticket if there are any questions.

Note: Gate.io no longer supports the old QANX tokens, and does not currently support the trading of the new QANX tokens. Gate.io will enable withdrawals of the new QANX tokens after 24 hours.

More distribution details: https://claim.qanplatform.com/exchangeWithdraw QANX: https://www.gate.io/zh/myaccount/withdraw/QANX

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Gate.io TeamApril 23，2023