OKX will facilitate the Symbol (XYM) airdrop for NEM (XEM) token holders. Below are the key details:
Deposit and Withdrawal Schedule
- Suspension Time: XEM deposits and withdrawals will pause at 08:00 am UTC on January 14, 2021.
- Trading Continuity: XEM trading pairs will remain operational during this period.
Asset Snapshot Process
- Snapshot Block Height: 3,025,200 (estimated at 11:07 am UTC on January 14, 2021).
- Purpose: Records XEM balances for XYM distribution.
- Note: Timing may vary slightly based on XEM network block production speed.
Distribution Details
- Ratio: 1 XEM = 1 XYM.
- Eligibility: Only XEM holdings in OKX accounts at the snapshot time qualify.
Important Notes
- Pending Transactions: Deposits or withdrawals in progress during the snapshot won’t be counted. Complete transfers beforehand.
- XYM Listing: Support for the airdrop doesn’t guarantee XYM listing on OKX. Listing requires standard review.
- Post-Snapshot: XEM deposit/withdrawal services will resume after the snapshot.
For comprehensive guidelines, consult NEM’s official resources:
FAQs
Q1: Will XEM trading be affected during the airdrop?
A: No, XEM trading will continue uninterrupted. Only deposits and withdrawals will pause temporarily.
Q2: How are XYM tokens distributed?
A: XYM is distributed 1:1 based on XEM holdings at the snapshot time.
Q3: What happens if my XEM is in transit during the snapshot?
A: In-transit XEM won’t be counted. Ensure transfers finalize before the snapshot.
Q4: Is XYM guaranteed to list on OKX after the airdrop?
A: No. XYM must pass OKX’s standard listing review process.
Q5: When will XEM deposits/withdrawals reopen?
A: Services resume after the snapshot completes.
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