Gate.io Completed Token Migration from Poolz Finance (POOLZ) to POOLX

Announcements Gate.io Completed Token Migration from Poolz Finance (POOLZ) to POOLX

2023-04-03 08:36:51 UTC 16502 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the Poolz Finance team, the POOLZ project was attacked, and users who held POOLZ before the attack, including those who had pending sell orders, will receive POOLX airdrop on a 1:1 basis. Users who traded and held POOLZ after the attack will receive compensation in POOLX. Gate.io has now completed the token swap and users can now head over to Account Statement to view the new POOLX tokens they have received. The new token POOLX will be available for trading starting from April 3, 2023, 11:00 a.m. UTC. Gate.io will no longer support the old POOLZ token and will provide deposit and withdrawal services for the new POOLX token.

The attack occurred on March 15, 2023, 03:09:00 a.m. UTC. 
Distribution rules: For asset holdings before the attack, it will be airdropped directly. For asset holdings after the attack, 30% of the total distribution amount will be vested in the first month, 30% of the total airdrop will be vested in the second month, and the remaining 40% of the total airdrop in the third month.

The trading for POOLX will start on April 3, 2023, 11:00 a.m. UTC. 
POOLX contract address: 
0xbAeA9aBA1454DF334943951d51116aE342eAB255（BSC)

Please note that after this token swap, the trading price of POOLX may have significant fluctuations. Please have a clear understanding of this situation to avoid any mistake before placing an order.

Deposit POOLX: https://www.gate.xyz/myaccount/withdraw/POOLX 
Trade POOLX: https://www.gate.xyz/zh/trade/POOLX_USDT
Project team announcement: https://blog.poolz.finance/poolz-new-token-deployment-poolx/

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Gate.io Team
April 3, 2023

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