Thank you for always using CROSS exchange.
We are pleased to announce we will completely stop issuing new XEX supply from mining in order to improve its scarcity and value. This measure serves as a major turning point for XEX.
・Premium ∞ 40% XEX Bonus
*The Premium ∞ +40% XEX Bonus will end as well as new XEX can no longer be issued.
<Future Revenue Sharing>
CROSS exchange revenue will continue to be distributed to XEX holders.
<XEX Mining Suspension Date and Time>
8/24/2020 6:00 UTC about 3 hours
* Maintenance on August 24th is scheduled for about 3 hours, but completion time may differ depending on work progress.
<About Unissued XEX>
Unissued XEX will be burned and not issued in the future.
<Users with Premium ∞ Locked XEX>
Users who own Premium XEX will be granted a fund bonus (2.5% of XEX owned by Fund is proportionally distributed to Premium ∞ Lock holders) during early September as scheduled.
* As stated in our previous notice, this fund bonus will be the last due to the suspension of mining.
<How to Acquire XEX in the Future>
After mining is suspended, no new XEX will be issued, so the only way to acquire XEX is to purchase it through the exchange (including QuickBUY).
<Future Trading Modes>
Mining mode will be removed and the 2 modes below will remain:
・Standard Trade Mode
* Those who have set their mining mode until now will automatically be set to "Standard Trading Mode" after maintenance. If you have selected "Reward Mode", your setting will remain as "Reward Mode." To verify your settings, please navigate to "Trade Mode Setting" from the top menu.
Thank you for your continued support.