Dear Community,
Please read below the complete details of the airdrop notice for POOLZ token.
1. Handling of users’ holdings before the attack:
According to the official plan, Poolz Finance will issue a new token called POOLX and airdrop POOLX tokens at a 1:1 ratio to users who held POOLZ tokens before the attack (i.e. at 08:39 AM (IST) on 15th March 2023) and didn’t fully sell their POOLZ tokens after the attack.
The details are as follows:
Snapshot time: 03:09:00 (UTC) on 15th March 2023
Airdrop ratio: 1:1
Distribution: One-time distribution
2. Handling of users’ holdings after the attack:
Under this plan, users who traded and held POOLZ tokens at 10:13 AM (IST) on 15th March 2023 (after the attack) will receive compensation in the form of POOLX tokens at a ratio of 13:1. Any POOLZ tokens held by users before the attack at 08:39 AM (IST) on 15th March 2023 will not be included in the compensation calculation.
The details are as follows:
Compensation snapshot time: 10:1 AM (IST) on 15th March 2023
Compensation ratio: 13 POOLZ = 1 POOLX
Compensation distribution: 30% of total compensation will be distributed as the first compensation, 30% will be airdropped in the second month, and the remaining 40% will be sent in the third month.
CoinDCX will subsequently list POOLX once the initial airdrop is complete.
In case of any further queries, please reach out to us at Support here.
Regards,
Team CoinDCX
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