WX Network Announcements
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Announcements for WX Network – a full-featured liquidity platform for self-sovereign crypto management with a suite of investment tools and secure, easy-to-use interface.

Site: https://wx.network/
Twitter: https://twitter.com/wxnetwork
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There are only 5 days left before the xBTC airdrop's snapshot. Don't miss the opportunity to get some xBTC for the Derivatives market beta testing! Buy WXDAO tokens, swap them to staked POWER and...get ready for the airdrop!
Frens, there is a great idea! What if to stake 1,000,000 WX from the DAO contract to StakeBooster and transfer the reward to the WX DAO treasury weekly? Voice your opinion by voting!
There are only 4 days left before the snapshot for xBTC airdrop. Become the WX DAO participant to get xBTC for the Derivatives market beta testing! Buy WXDAO tokens, swap them to staked POWER and...get ready for the airdrop!
Be the first traders in the Derivatives Market! To do this, just buy WXDAO tokens, swap them for staked POWER, and wait for the airdrop of the test xBTC. There are only 3 days left before the xBTC airdrop's snapshot.
There are only 2 days left before the xBTC airdrop's snapshot. Don't miss the opportunity to get xBTC tokens for the Derivatives Market beta testing! Navigate to the WXDAO/USDT-ERC20 pair to buy WXDAO tokens, swap them to staked POWER and...get ready for the airdrop!
Forwarded from Sasha Waves
The wx.network DEX has been operational for seven years now. The next phase is now underway, with the implementation of leveraged trading. This introduces a unique approach to perpetual futures without a funding rate, allowing for settlement at the oracle price only.

WX, along with nearly everything on the Waves platform, is governed by the community through the Power.tech protocol. The introduction of margin trading begins with the distribution of synthetic assets to users via several airdrops. Participants in the WX DAO will receive the first batch of synthetic BTC tomorrow. The WX DAO operates on the $wx token, which is donated to its treasury, incorporating mechanisms to facilitate treasury growth.

Join the DAO and take part in the airdrop tomorrow!
https://wx.network/wxdao
🤑It will happen today at 12 UTC! In a few hours we’ll take a snapshot of all WX DAO participants who will receive xBTC tokens. But you can take part in the xBTC airdrop yet to become the first traders on the Derivatives Market beta version. To participate in the WX DAO, buy WXDAO tokens, swap them for staked POWER and...chill awaiting the airdrop!

BTW, all WX DAO participants receive a share of the WX DAO treasury's growth and also... continued in the article 😜
This day came! The beta version of Derivatives Market has launched! It’s just the first but important step towards the full-fledged Derivatives market and Leverage trading. There is still much work to do!

But you can speed up the development process by actively trading on the Derivatives market. It will help us faster test the mechanics and algorithms of the new market, improve them and add new features. And to boost trading, we’ve distributed 1 xBTC among the WX DAO members.

Read the guide, trade, give a feedback!
Dear all,

some users might face difficulties with accessing the Pools page. The team is already working on fixing these issues. Your funds are safe, as always, no worries, this is our main priority!

We apologize for the inconvenience caused and your patience is much appreciated. We will post a separate announcement as soon as all the issues are fixed!
❗️ATTN❗️

Dear users, the problem with accessing the Pools page has been resolved. Thank you for your patience.

However, to fix it, it was required to undo the latest WX Network update. Due to this, trading in the Synthetic Market is temporarily unavailable.
It’s time to make this spring day a summer one. How??? Piece of cake…by burning 1M WXs bought back and accumulated through the trading fees! What a flame!🔥🔥🔥

$WX token is a token of WX Network platform that allow to get a passive income (Staking, Liquidity pools and WX DAO), as well as manage the project.

Let’s set the world alight!
And we again announce the launch of the Derivatives Market. Now nothing will stop you from testing it.

Read the guide, trade, give a feedback!
Scheduled matcher maintenance announcement

We scheduled Matcher maintenance for today, March 27, 2024, 12:00 pm UTC.

Please, take into account that as a result of maintenance, information about the orders older than 30 days will be removed from the "Order History" tab.
In addition, during the maintenance there might be difficulties with orders placement/cancelation. Orders and balances flickering may be the case as well.

The maintenance might take up to 3 hour. We will post a separate announcement as soon as all the actions by our side are completed.

We are sorry for any inconvenience and hope for your understanding.
WX Network Announcements
Scheduled matcher maintenance announcement We scheduled Matcher maintenance for today, March 27, 2024, 12:00 pm UTC. Please, take into account that as a result of maintenance, information about the orders older than 30 days will be removed from the "Order…
Matcher maintenance is over

During the work, the information about the orders older than 30 days has been removed from the "Order History" tab. This is sped up the Exchange’s operation.

Thank you for your patience!
A new proposal is awaiting WX DAO members. They should decide if liquidity pool with low liquidity have to be removed from the WX Distribution voting. It is supposed that the removed pool can be restored but with the service fee paying and in case of liquidity replenishment. Find the details out via the link.
🔥Burning day!🔥

🚀As you probably know, time to time we burn WXG tokens bought back from trading fees. The following amounts of WXG tokens have been accumulated and burned today:

158k USDT-WXG
131k USDC-WXG
41.5 LTC-WXG
Recent proposal for removing Liquidity pool from WX Emission voting in case of low liquidity did not approve. Perhaps it happened because description of the proposal was not quite detailed. We have fixed this mistake and created a new more detailed proposal for voting.

The proposal is as follows:
- remove Liquidity pool from WX Distribution Voting in case of low liquidity;
- deprive such a pool of votes and WX emission;
removed pool can be restored but with the service fee paying and in case of liquidity replenishment.

Follow the link to find the details out and vote.
A new WX DAO voting on a proposal is in full swing. Its main purpose is protecting liquidity pools’ investors and making the distribution of WX Emission more equitable.

The proposal is as follows:
- remove Liquidity pool from WX Distribution Voting in case of low liquidity;
- deprive such a pool of votes and WX emission;
removed pool can be restored but with the service fee paying and in case of liquidity replenishment.

Follow the link to find the details out and vote.