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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πŸ”₯Synthetic tokens on WX NetworkπŸ”₯

We have changed tickers for PepeTeam synthetic tokens from USDT-PPT and USDC-PPT to USDT and USDC! For your convenience the PPT label is left on the tokens’ icons in the interface.

Learn more about PepeTeam synthetic tokens and their usage in our article! 🀩
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πŸ”₯Monthly WXG Tokens BurningπŸ”₯

Last month, the following amounts of WXG tokens have been accumulated and burnt:

35k USDT-WXG
36k USDC-WXG
0.888 BTC-WXG
79.045 LTC-WXG
1.485 ETH-WXG

In addition, 1949 USDT-WXG were burned by the Briacash team.

We will continue to buyback the WXG tokens from the market on a daily basis and burn them, stay tuned.
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⚑️ERG-WXG delisting⚑️

An audit of the ERG-WXG token was completed, and the delisting procedure has started. The procedure of token delisting from WX Network will last until October 10, 2023. Our support team will advise you on how to swap the ERG-WXG for the original ERG.


❗️We remind you that you can also sell the following WXG tokens on the trading page:


DAI-WXG/USDC-BEP20
MATIC-WXG/MATIC-POLY
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πŸ’₯ Trading fee reduction πŸ’₯

The trading commission has been reduced in one more pair - TRX-TRON/USDT. Buy/Sell any amount and pay a fees equivalent to just 0.005 WAVES. A full list of pairs with reduced fees can be found on Spot trading under Low Fee tab.

Happy trading on WX Network! πŸš€πŸŒ•
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⏰ Matcher maintenance announcement

Dear users, maintenance is being carried out on the Matcher now. Please, take into account that during the maintenance there might be difficulties with orders placement or cancelation. Orders and balances flickering may be the case as well. We will post a separate announcement as soon as all the actions on our side are completed.

We are sorry for any inconvenience caused.
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WX Network Announcements
⏰ Matcher maintenance announcement Dear users, maintenance is being carried out on the Matcher now. Please, take into account that during the maintenance there might be difficulties with orders placement or cancelation. Orders and balances flickering may…
Phew… βœ…Matcher maintenance is overβœ…

We apologize for not informing you about the work in advance. Please be aware that WX Network services may experience difficulties within a couple of days.

Thank you for your patience!
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Forwarded from Axly | Community group
πŸš€ Calling all liquidity providers! We have an exciting opportunity just for you - an $EAST Giveaway! 🎁

🌊 The top 3 liquidity investors in the WX Network's $WAVES - $EAST pool via Axly will receive a reward of 100 EAST each, while 5 randomly selected farmers who invest $150 or more will be gifted 50 EAST each!

πŸ“† Don't miss out - the snapshot for this giveaway will be taken later this week! Dive in here!⏳

Also, for those of you who are already investing in this pool on the WX Network, this is your golden chance to potentially triple your income. 🌟 Don't let this opportunity pass you by! πŸ’°
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❗️Attn❗️

Dear community,

Please, be advised that the buyback procedure of the following WXG tokens will end on October, 1, 2023:

DAI-WXG/USDC-BEP20
MATIC-WXG/MATIC-POLY
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🧐 Let’s quest!

Don't be bored! Try your luck at our Zealy quests and maybe you'll be the one who wins $WAVES this month. Especially, this month there are even more quests.

πŸ€‘The top three participants on the leaderboard at the end of September will receive 40, 20, and 10 WAVES, respectively.
πŸ€‘An additional 100 WAVES will be distributed among participants in the "User Experience" section, proportionally to the XP tokens earned in this section during the month.
πŸ€‘The most active participant in the Twitter section will receive 20 WAVES.

May the best man win!
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⚑️XTN ERC20 audit news⚑️

An audit of the XTN ERC20 token was completed. In this regard, we have started the XTN-ERC20 buyback procedure and ask you to exchange your XTN ERC20 (Ethereum network) for the original XTN (Waves network). Please, contact our support via online chat to get instructions on how to change your XTN ERC20 tokens.

❗️Please, be advised that the buyback procedure of the DAI-WXG and MATIC-WXG will end on October, 1, 2023, and the ERG-WXG buyback (exchange) procedure will last until October 10, 2023.
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⚑️WX IDO Announcement⚑️

Dear users,

May we remind you that you have the option to choose which tokens claim from IDO contract - WX or XTN. However, it is essential to be aware that starting from January 1, 2024, only WX tokens will be available for claiming.

⭐️We kindly request you to take prompt action and claim your tokens before the specified date. This will ensure that you can make the most of the available options and avoid any inconvenience.
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πŸ“±Mobile apps News❗️

In light of app stores requirements for cryptocurrency applications, we are temporarily suspending updates to the WX Network mobile application. This issue is being addressed in all possible ways.

Despite this, WX Network development continues and our web/desktop applications will be updated to please you as before.
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πŸ”₯Burning day!πŸ”₯

πŸš€As you probably know, time to time we burn WX tokens accumulated from trading fees. This decreases the amount of WX tokens in circulation and stabilize WX price. And today we have burned 500K WX tokens.

πŸš€Also, every month we burn WXG tokens bought back from the market. And last month was no exception. The following amounts of WXG tokens have been accumulated and burned in September:

135k USDT-WXG
121k USDC-WXG
1.2675 BTC-WXG
105.389 LTC-WXG
8.4084 ETH-WXG

In addition, 1843 USDT-WXG were burned by the Briacash team.

We will continue to buyback the WXG tokens from the market on a daily basis and burn them, stay tuned.
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❗️ATTN❗️

The support online chat on the web/mobile client may be unavailable due the scheduled maintenance on October 7, 2023 from 07:00 to 08:00 UTC.

We are sorry for any inconvenience caused.
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⚑️MKR-WXG and UNI-WXG delisting⚑️

An audit of the MKR-WXG ΠΈ UNI-WXG tokens was completed, and the buyback procedure has started. The procedure of token delisting from WX Network on waves.exchange domain will start today and will take 30 days. Today, we will stop MKR-WXG and UNI-WXG trading bots and remove the WX emission label from MKR-WXG/XTN and UNI-WXG/XTN pools.

❗️We have placed an orders to buyback your MKR-WXG and UNI-WXG for MKR-ERC20 and UNI-ERC20. Please sell your tokens as the buyback procedure will end on November 15, 2023.

❗️We reminder, you can exchange your ERG-WXG tokens for the original ERG until October 10, 2023. Our support team will advise you on how to swap the ERG-WXG for the original ERG.
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πŸ”₯Proposal #8: Increase a quorum for Token Verification VotingπŸ”₯

We have launched a new voting for a proposal to increase a quorum for Token Verification Voting.

This will keep WX Network users safe and ensure fair voting results.

Use your gWX to vote!
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❗️ATTN❗️

The support online chat on the web/mobile client may be unavailable due the maintenance on the Service provider side.

We are sorry for any inconvenience caused.
🐡WX Network Governance evolution!πŸ‘¨

The WX Network governance system has proven itself to be a safe and transparent management tool. It’s time for the next step towards decentralization so that any of you can propose ideas for improving and developing the platform. Therefore, we invite you to vote for the creation of WX DAO and make the WX Network part of a POWER DAO big family.

If WX DAO is successfully launched, WX Network team will donate 10,000,000 WX to its treasury. Do you want to get a piece of this cake and receive POWER tokens to boot? - Then hurry up to participate in the WX DAO.

Is this intriguing? - More amazing details in the article!
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⚑️LINK-WXG delisting⚑️

An audit of the LINK-WXG token was completed, and the buyback procedure has started. The procedure of token delisting from WX Network on waves.exchange domain will start today and will take 31 days. Today, we will stop LINK-WXG trading bot and remove the WX emission label from LINK-WXG/XTN pool.

❗️We have placed an order to buyback your LINK-WXG for LINK-ERC20. Please sell your tokens as the buyback procedure will end on December 1, 2023.

❗️We remind you that until November 16, 2023 you can also sell the following WXG tokens on the trading page:
MKR-WXG/MKR-ERC20
UNI-WXG/UNI-ERC20
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Forwarded from Sasha Waves
Different ways to become a member of WX DAO.

WX DAO is structured as an incentivized community DAO designed to involve various participants from the Waves ecosystem in wx.network governance. It aims to offer them multiple low-risk revenue streams.

Every participant in the DAO receives $pwr tokens and has the ability to vote on proposals within the DAO and share in the profits generated by it. Participants also have the option to unstake and sell their $pwr tokens. This unlocking of $pwr tokens occurs every three months during the DAO treasury settlement when rewards are distributed.

The DAO treasury's initial capital consists of a $10 million donation from the wx.network team and the WXG tokens acquired through buybacks using WX trading fees, thereby increasing its value. Every three months, DAO participants are entitled to 20% of the treasury's growth in value. This growth is dependent on the $WX tokenomics, which allow $WX to be used for paying trading fees, reducing its supply. Furthermore, the execution of the WX roadmap introduces various new incentives to enhance the utility of $WX. In addition to this, the WXG buyback process guarantees continuous growth of the WX treasury, regardless of the price behavior of WX tokens.

There are three ways to become a member of the WX DAO, engage in WX governance, and potentially benefit financially from it.

1. gWX (staked WX holders) receive $pwr tokens automatically and only need to stake their WX tokens. They can participate in WX governance and profit from the growth of the DAO treasury. These participants can later unlock and sell their $pwr tokens, essentially making them a staking bonus.

2. You can become a DAO member during its initiation process by depositing funds to the DAO treasury, effectively purchasing $pwr tokens at the current market rate. You can unstake your $pwr tokens after three months, following the first settlement. This grants you all the voting and profit-sharing rights within the DAO. Any upside from the DAO treasury that you receive is an additional reward on top of the $pwr token price.

3. You can become a DAO member after its launch by purchasing WX LP tokens on the open market and depositing them in the treasury. In return, you receive staked $pwr tokens (with 1 WX LP token granting you 1 $pwr in the DAO) and can participate in governance and profit sharing. In this case, the price of the WX LP token may be higher than that of the $pwr token since it includes profits from the growth of the WX DAO treasury. This means that participating in the DAO's launch process and depositing funds in the treasury provides a discount relative to latecomers who enter the DAO based on its current treasury value.

All the methods of entering the DAO are designed to offer a favorable risk-reward ratio, with staking WX tokens and depositing into the treasury during the DAO launch being the most profitable option.

https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn The DAO is launching !
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