June tokens unlocked for NPXSXEM and PXSXEM holders

Dear NEMbers,

We will unlock June monthly tokens for both PXSXEM and NPXSXEM holders. NPXSXEM and PXSXEM are Pundi X Mosaic tokens, which are different to our NPXS token (an ERC 20 token).

During the swap period, and until September 20, both registered NPXSXEM and PXSXEM token holders will get the unlocked tokens. After September 20, only registered NPXSXEM holders will get monthly unlocked tokens.

If you are a holder of either NPXS or PXS, please read the guide on how to receive the unlocked token here.

To make sure you receive the NPXSXEM and PXSXEM unlocked tokens, here are the main instructions:

1. Register at https://pundix.com/xem.html
2. Keep the tokens in your private wallet (not an exchange wallet except Kryptono Exchange) three hours before and after 23:59 SGT (GMT+8) on June 30, 2018 for the snapshot.

If you have already registered previously, you are not required to complete another registration unless you’ve changed your wallet address. If you are a new NPXSXEM holder, you are required to register at least three hours before our snapshot time to get the monthly unlocked tokens.

The team will take a snapshot of how many tokens you have in your registered wallet at https://pundix.com/xem.html.

Monthly unlocked tokens will be distributed at a rate of 7.316% of all token holdings untill December 2018, followed by 2.11637% in 2019, and 0.88187% in 2020. There will be no unlocked token distribution after January 31, 2021.

The unlocked NPXSXEM/PXSXEM tokens will be sent to your registered wallet addresses and Kryptono Exchange.

CAUTION:

1. If you don’t register by three hours before 23:59 SGT GMT+8 (GMT+8) on June 30 or you keep the tokens in the unsupported exchanges during the snapshot time, you will not receive the monthly unlocked tokens.
2. Please do not send PXSXEM (the old Pundi X Mosaic token) to Kryptono Exchange because it only lists NPXSXEM token (the new Pundi X Mosaic token).
3. Please avoid swapping for new tokens during the snapshot time.

‘Hodl for More’ promotion event held by Kryptono

That’s not all. Kryptono also has a 5% NPXSXEM ‘hodl’ promotion per month based on a user’s average balance. The promotion is available only for the first 1,000 new deposits. Find out more here.

Thank you for your feedback and the continued support from the NEM community.