Pundi X
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Pundi X

Claim $PURSE from BDL mechanism is now available for BEP20 address holders

Claiming period: 15th February, 2022 until 15th March, 2022

As mentioned earlier, the PURSE token has implemented a 20% ‘BDL’ mechanism — Burn, Distribution and Liquidity. For every non-whitelisted transaction*,10% of the transacted $PURSE amount is burned, 5% goes to the distribution pool and 5% to the liquidity pool. All eligible PURSE token holders are entitled to claim $PURSE proportionally from the distribution pool.

*A whitelisted transaction refers to a transaction meant for operational purposes and not for trading purposes. Whitelisted transactions would include, for example, unlocking token distributions, claiming a Mission WAGMI NFT, etc.

You may check the $PURSE balance in the distribution pool on Binance Smart Chain here: https://bscscan.com/token/0x29a63F4B209C29B4DC47f06FFA896F32667DAD2C?a=0x29a63f4b209c29b4dc47f06ffa896f32667dad2c

Since the migration of $NPXSXEM to $PURSE is concluded on 31st January 31, 2022, the token distribution claiming page goes live on 15th February, 2022, at 10:00 a.m. GMT+8.

You may find the claiming page here: https://pursetoken.com/distribution

Calculation period: 7th November, 2021 until 14th February, 2022.

Claiming period: 15th February, 2022 until 15th March, 2022

Formula: Daily average $PURSE token holding in your BEP20 wallet address / Total eligible $PURSE tokens * Total distributable $PURSE tokens in the distribution pool

Example: Alice has an average of 10,000 $PURSE tokens in her wallet address and the total eligible $PURSE tokens (excluding smart contract tokens, tokens held in exchange addresses, unlocked tokens, etc.) is 1,000,000 $PURSE. The distribution pool has a total of 100,000 $PURSE tokens.

Alice’s portion is 1,000 $PURSE (10,000 / 1,000,000 * 100,000)

The claim needs to be made on Binance Smart Chain and will require BNB BEP20 as gas fee.

Please note that

  • This is a ONE-OFF claiming mechanism for BEP20 address holders only. After this, the team will shift the subsequent claiming of the 5% distribution pool to a dedicated $PURSE staking contract.
  • The claim is available for holding PURSE in holders’ BSC private wallet addresses only. It’s not available for those who sent $PURSE to the smart contract for liquidity mining or any unlocked tokens in the smart contract.
  • The claim on BSC is not available for PURSE holders on Pundi X Chain.

Lastly, always do your own research (DYOR) and participate at your own risks.

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Pundi X is a leading developer of blockchain-powered devices, including the world’s first point-of-sale solution, the XPOS, which enables merchants and consumers to do transactions on the blockchain in physical stores.

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Pundi X (writers)

Pundi X (writers)

Writers for Pundi X: https://medium.com/pundix

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