How i wd my usdt usdc wxg without 90% loss,

if result audit say "cannot open"?

15 ответов

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As I said above, the WXG tokens are bought back from the market, you can set an order at satisfying for you price and wait till it's filled, the other solutions are also under consideration.

julia
As I said above, the WXG tokens are bought back fr...

why do you need a buyback? if you have money in a cold wallet. Or all our money stolen?

S
why do you need a buyback? if you have money in a...

Hello, this is an additional support measure for those users who are currently waiting for the audit to complete

ariefhs04- Автор вопроса
julia
As I said above, the WXG tokens are bought back fr...

so i must wait 5 month again until price back ro normal????

ariefhs04
so i must wait 5 month again until price back ro n...

Hello! It's hard to predict when exactly it'll get back to normal, but in any case, please wait for the audit results first. Based on the them, as we've mentioned multiple times, we plan to reopen the gateways, which will affect the market price as well (besides the buyback process).

ariefhs04- Автор вопроса
Edward | WX Network
Hello! It's hard to predict when exactly it'll get...

old gateway not 100% open right? still 50:50, what if the audit result say "cannot open"?

ariefhs04- Автор вопроса
ariefhs04
old gateway not 100% open right? still 50:50, what...

wx will be buy out usdt usdc wxg with normal price?

ariefhs04
old gateway not 100% open right? still 50:50, what...

I can't make any assumptions at this point, but the buyback process will continue at the market price. As for other solutions or adjustments, unfortunately, there is no such information yet, but as soon as there are any updates, we'll share them with the Community.

ariefhs04- Автор вопроса

The address is https://wavesexplorer.com/addresses/3P8NHHsKnKPBif7Gi6SfVKi515yA8mYNhHn. Also, please check the following announcement: https://t.me/wx_network/871.

ariefhs04- Автор вопроса
ariefhs04
could you tell me about mechanism buyback ?

It's explained in this announcement (https://t.me/wx_network/871), but to be more specific, tokens are bought back using trading fees collected by the matcher on a daily basis: Once a day, the matcher exchanges the collected fees for WAVES (except the WXG tokens and WX) and transfers them to the following address: 3P8NHHsKnKPBif7Gi6SfVKi515yA8mYNhHn. From this Waves address, USDC/T-WXG and BTC-WXG are redeemed from Spot in the appropriate trading pairs with WAVES (WAVES/USDT-WXG, for instance) at the current market price. At the same time, the trading fees collected in the WXG tokens and redeemed tokens from the market are accumulated on the matcher and burned once a month: https://t.me/wx_network/875.

ariefhs04- Автор вопроса
Edward | WX Network
It's explained in this announcement (https://t.me/...

so i must wait 5 month again right? cause buyback with small amount and once a day.

ariefhs04
so i must wait 5 month again right? cause buyback ...

As I've already, unfortunately, I can't predict how long it'll take, but the launch of the new decentralized gateways by PepeTeam will probably gradually lead to a flow of customers, and as a result, an increase in overall trading activity and trading fees. Also, we're considering other options for redeeming the WXG tokens. And of course, we should wait for the audit results too.

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