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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❗️ATTN❗️

All gateways are under maintenance, all transactions are safe and being processed, but slower than usual. We will post a separate announcement when the maintenance is over.

Sorry for any inconvenience caused.
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🙋🏻‍♀️Voting for proposal is still going🙋

🤓We remind you that the quorum for the proposal #3 hasn’t been reached yet. Please, use your gWX to vote.

With this proposal we would like to cancel withdrawals to the external blockchain that are queued at the gateways and return the funds to the users' addresses.

Vote using your gWX in the proposal voting section.
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❗️Attention❗️

As of tomorrow, BNB, BUSD, CRV and MATIC tokens issued by the Waves network's existing gateway will be renamed to BNB WXG, BUSD WXG, CRV WXG and Polygon WXG respectively. Their tickers will be changed to BNB-WXG, BUSD-WXG, CRV-WXG and MATIC-WXG. Also, the tokens' descriptions and icons will be changed.

We remind you that PepeTeam bridges' mechanic involves the creation of new wrapped tokens in the Waves network, that's why all the existing gateway tokens should be renamed.
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🚨WBTC Bridge Turned On🚨

The PepeTeam WBTC Bridge is now available on WX Network!

Use the new bridges by PepeTeam for decentralized cross-chain transfers😎

Stay tuned, as new tokens and chains will be added soon🚀
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❗️EAST 2.0 Announcement❗️

EAST.Finance has announced the release of EAST 2.0!

We pay your attention, that today EAST token got the verification and soon liquidity pools will be added. The old EAST token will be renamed to EAST OLD with EAST-OLD ticker and soon will be delisted. Please, do not forget to swap your old token to the new one. EAST.Finance team will release the swop mechanics in the nearest future.

If you have any questions related to the EAST 2.0 release, you can ask them in this group.
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⚡️Audit news⚡️

As we reported earlier, the WX Network team is currently in process of auditing all WXG tokens. Also, in accordance with the outcome of the proposal #3 vote, we are going to cancel all withdrawal transactions that have not been executed and return funds to users' addresses.

🤓Based on the audit's results, we plan to determine the size of token disbalance, which hampers the withdrawal of funds. Gradually, tokens that have been audited, will be delisted. We will spend proceeds from trading fees to buy these tokens from the market and subsequently burn them. As of today, we are announcing the successful audit of the Wrapped Bitcoin WXG token. Deposits of WBTC-WXG have already been stopped, and there is sufficient liquidity for it.

❗️We call on users to withdraw their WBTC-WXG tokens as soon as possible, as, next week, the procedure of delisting WBTC-WXG will begin.
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❗️Delisting WBTC-WXG and stop WBTC-WXG/XTN pool❗️

As announced earlier Wrapped Bitcoin WXG token will be delisted from WX Network in 30 days.

The WBTC-WXG gateway will be stopped and you won't have the ability to withdraw your tokens. Make sure that the platform you are withdrawing funds to supports WBTC-WXG.

We also inform that the WBTC-WXG/XTN pool will be also stopped on 25 May.
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⏰ Scheduled maintenance announcement

It's time for updating some WX Network services. Maintenance is scheduled for tomorrow, 16:00 p.m. UTC. Please, take into account that during the maintenance there might be difficulties with accessing your Email accounts. We will publish an additional post before maintenance starting.

We are sorry for any inconvenience caused.
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⏰ Scheduled maintenance announcement

It's time for updating some WX Network services. As we scheduled, the maintenance will begin today, 16:00 p.m. UTC. Please, take into account that during the maintenance there might be difficulties with accessing your Email accounts.

The maintenance might take up to 4 hours. We will post an announcement as soon as all operations are restored. We are sorry for any inconvenience caused.
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❗️Attention❗️

As of tomorrow, UNI, AAVE, ATOM and SHIB tokens issued by the Waves network's existing gateway will be renamed to UNI WXG, AAVE WXG, ATOM WXG and SHIB WXG respectively. Their tickers will be changed to UNI-WXG, AAVE-WXG, ATOM-WXG and SHIB-WXG. Also, the tokens' descriptions and icons will be changed.

We remind you that PepeTeam bridges' mechanic involves the creation of new wrapped tokens in the Waves network, that's why all the existing gateway tokens should be renamed.
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⚡️USDT-WXG and USDC-WXG buyout⚡️

As reported earlier, we plan to spend proceeds from trading fees on buying out WXG tokens from the market, as they create a disbalance and stall withdrawal transactions.

As of tomorrow, we will swap tokens collected as trading fees (except for WX and WX Gateways tokens (WXG)) for WAVES on a daily basis. Subsequently, the WAVES tokens will be sent to a wallet, from which a buyout of USDT-WXG and USDC-WXG will be done. The bought out tokens will be accumulated, alongside WX and other WXG tokens collected as trading fees (except for tokens due to be paid to traders as rewards), and burnt at the end of each month.
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🔥Voting for proposal #4🔥

A new proposal voting on WX Network has just been released.

WX Network team propose to expand the functionality of the current token verification voting:

🚀Allow users to suggest any unverified tokens for voting (not only their own tokens);
⏰Allow users to choose the voting period themselves when suggesting a token for voting;
💸Add the ability for users to offer rewards to those who voted for the verification of their proposed token;
🧐Add the ability to complain about a verified token.

Vote using your gWX in the proposal voting section.
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❗️ATTN❗️

In accordance with the results of the voting for proposal #3, we have already started the process of cancelling the withdrawals to external blockchains that are queued at the gateways.

Today, we have already returned all the BTC-WXG tokens to the users' addresses on the Waves blockchain. During the next couple of weeks, we plan to return USDT-WXG and USDC-WXG tokens. Stay tuned!
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Forwarded from PepeTeamNews
🐸Vote for Pepe pools🐸

A new portion of pools with PepeTeam verified tokens have been added on WX Network! Visit the WX emission distribution voting page to give our pools an opportunity to participate in the emission of WX token and affect the pools' APY.

🐨These are the new pools:

WBTC/WAVES
BNB/WAVES
USDT/XTN

Go to the WX Network pools voting page and use gWX to make our pools more profitable 💸
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🔥🔥First Monthly WXG Tokens Burning🔥🔥

As reported earlier, we spend proceeds from trading fees on buying out WXG tokens from the market, as they create a disbalance and stall withdrawal transactions.
As for today, the following amounts of WXG tokens have been accumulated and burnt.

4,752.55 USDT-WXG
4,773.67 USDC-WXG
0.0696 BTC-WXG

We
will continue to buyout the WXG tokens from the market on a daily basis and burn them until the disbalance is covered, stay tuned and trade on WX Network.
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❗️ATTN❗️Gateways Maintenance

WX Network has temporarily suspended Gateways deposits and withdrawals because of the maintenance. We will post a separate announcement when the maintenance is over.

Sorry for any inconvenience caused.
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❗️Attention❗️

As of today, APE, AXS, BCH and BAG tokens issued by the Waves network's existing gateway will be renamed to APE WXG, AXS WXG, BCH WXG and BAG WXG respectively. Their tickers will be changed to APE-WXG, AXS-WXG, BCH-WXG and BAG-WXG. Also, the tokens' descriptions and icons will be changed.

We remind you that PepeTeam bridges' mechanic involves the creation of new wrapped tokens in the Waves network, that's why all the existing gateway tokens should be renamed.
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