Binance Will Support NPXS Monthly Token Unlock Program

2018-06-27 03:46

Fellow Binancians,

UPDATE: This announcement has been updated to reflect the accelerated unlock schedule implemented by the Pundi X team, starting in Feb 2019. The official announcement from Pundi X can be seen here. Please note that the final distribution of the full NPXS Monthly Token Unlock Program was completed and sent to all eligible Binance users on 2019/06/14.

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After discussing with the Pundi X (NPXS) team, Binance will support the Monthly NPXS Token Unlock Program. We will take a snapshot of NPXS balances across all Binance users at the end of each month and distribute the monthly tokens on the 14th day of each coming month. The tokens will be automatically credited to your Binance account. The exact schedule is listed below:

Stages	Time of Snapshot (UTC+8)	Percentage of Distribution	Distribution Date
1	2018/06/30 23:59:59	7.316%	2018/07/14
2	2018/07/31 23:59:59	7.316%	2018/08/14
3	2018/08/31 23:59:59	7.316%	2018/09/14
4	2018/09/30 23:59:59	7.316%	2018/10/14
5	2018/10/31 23:59:59	7.316%	2018/11/14
6	2018/11/30 23:59:59	7.316%	2018/12/14
7	2018/12/31 23:59:59	7.316%	2019/01/14
8	2019/01/31 23:59:59	2.11637%	2019/02/14
9	2019/02/28 23:59:59	2.11637%	2019/03/14
10	2019/03/31 23:59:59	2.11637%	2019/04/14
11	2019/04/30 23:59:59	2.11637%	2019/05/14
12	2019/05/31 23:59:59	2.11637%	2019/06/14
13	2019/06/30 23:59:59	2.11637%	2019/07/14
14	2019/07/31 23:59:59	2.11637%	2019/08/14
15	2019/08/31 23:59:59	2.11637%	2019/09/14
16	2019/09/30 23:59:59	2.11637%	2019/10/14
17	2019/10/31 23:59:59	2.11637%	2019/11/14
18	2019/11/30 23:59:59	2.11637%	2019/12/14
19	2019/12/31 23:59:59	2.11637%	2020/01/14
20	2020/01/31 23:59:59	0.88187%	2020/02/14
21	2020/02/29 23:59:59	0.88187%	2020/03/14
22	2020/03/31 23:59:59	0.88187%	2020/04/14
23	2020/04/30 23:59:59	0.88187%	2020/05/14
24	2020/05/31 23:59:59	0.88187%	2020/06/14
25	2020/06/30 23:59:59	0.88187%	2020/07/14
26	2020/07/31 23:59:59	0.88187%	2020/08/14
27	2020/08/31 23:59:59	0.88187%	2020/09/14
28	2020/09/30 23:59:59	0.88187%	2020/10/14
29	2020/10/31 23:59:59	0.88187%	2020/11/14
30	2020/11/30 23:59:59	0.88187%	2020/12/14
31	2020/12/31 23:59:59	0.88187%	2021/01/14

Note:

The amount of distribution is based on the snapshot of user balances completed at the end of each month. For example: The percentage of distribution in Stage 1 is 7.316%. If User A has a balance of 100 NPXS at 2018/06/30 23:59:59 (UTC+8), they will receive a distribution of 7.316 NPXS to their Binance account on 2018/07/14.
Users that have a balance of <1 NPXS at the time of snapshot will not be eligible for the distribution.

Please refer to the official announcement from Pundi X for further information: June tokens unlocked for Pundi X holders

Thank you for your support.

Binance Team

2018/06/27

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