Due to the strategic adjustment of the project party of SBTC, MXC, under the request of the project party, will help handle the delisting isuue of SBTC. The specific is as follows:
1. MXC will suspend SBTC rebase starting at 00:00 UTC+8, September 12.
2. Holders of SBTC have two methods to handle your position:
- MXC has closed SBTC deposit service, and the project party will place purchase orders with price higher than that on Uniswap. Holders can sell your position at the price. Users who choose this method shall sell your position before 19:59 UTC+8, September 13.
- Or holders can keep your SBTC position and wait for airdrop. The details are as follows: MXC will suspend SBTC/USDT trading at 20:00 UTC+8, September 13. Then, MXC will record user's position of SBTC. Based on user's holding amount, the ETH and ULU airdrop will be airdropped accordingly.
The methods above are provided by the project party, MXC offers its support only. For the details of the two methods, please refer to the official announcement made by SBTC below:
Holders of SBTC shall handle your position in time to avoid unnecessary losses.
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Enjoying your trade on MXC.
The MXC team
September 13, 2020