Transfer Disclosure (1,500,001 WEMIX). WEMIX Medium:.
20 Apr 2023, 05:03
Transfer Disclosure (1,500,001 WEMIX)
WEMIX Medium:
Mblock, a blockchain-based digital asset and NFT service firm and WONDER 15 of 40 WONDERS, will start its node operation through NCP staking. Mblock’s staking is loaned by the WEMIX Foundation for the sole purpose of NCP staking for a 5-year lending period and will be returned to the Foundation’s Reserve wallet once the node staking ends. Please see below for more details on the loan transaction, staking, and validating process.
*The lending period is subject to change through early repayment, and a separate announcement will be made when such changes occur.
> WEMIX Transfer Details
#1 [Test Transfer] Circulation Wallet (0x116c…8aAe) ▷ Mblock NCP Wallet (0x8Eab...B28D)
- Amount: 1 WEMIX
- TX Hash: To be updated after transfer
#2 [Loan Transfer] Reserve Wallet (0xC97c…a2eb) ▷ Mblock NCP Wallet (0x8Eab...B28D)
- Amount: 1,500,000 WEMIX
- TX Hash: To be updated after transfer
#3 [Staking] Mblock NCP Wallet (0x8Eab...B28D) ▷ Governance Contract (0xBEd7…af7F)
- Amount: 1,500,000 WEMIX
- TX Hash: To be updated after transfer
#4 [Unstaking] Governance Contract (0xBEd7…af7F) ▷ WONDER 15 Wallet (0x0Db8...a782)
- Amount: 1,500,000 WEMIX
- TX Hash: To be updated after transfer
#5 [Transfer to Foundation] WONDER 15 Wallet (0x0Db8...a782) ▷ Reserve Wallet (0xC97c…a2eb)
- Amount: 1,500,000 WEMIX
- TX Hash: To be updated after transfer
#6 [Gas fee Transfer] WONDER 15 Vote Wallet (0xcDf0...Cc32) ▷ WONDER 15 Wallet (0x0Db8...a782)
- Amount: 50 WEMIX
- TX Hash: To be updated after transfer
> Summary on WEMIX Transfer
- Amount: 1,500,001 WEMIX
- Purpose: Mblock 40 WONDERS node staking and validating
- Impact on Circulation: There is no change in total circulation due to the process of WEMIX returning back to the reserve wallet (uncirculated), however temporary change may be made due to the staking and unstaking of 1.5m WEMIX for the purpose of NCP node staking.
Thank you.