Launch of Smart Contract Solution for BTMX
Publish on 2019-10-23
Dear BitMax.io users,
BitMax.io has completed the implementation of the new smart contract solution for BTMX and BTMXS. Details are as follows:
New Smart Contract Address for BTMX:
Total Supply: 787,683,613
The total supply is capped at current maximum circulation of 787,683,613 (i.e., the hard cap). Based on the amount of BTMX consumed, the equal amount of BTMX will be automatically converted to BTMXS. As a result, total supply of BTMX displayed through smart contract address will continue to decrease.
New Smart Contract Address for BTMXS:
Initial Total Supply: 4,810,612,663
BTMXS represents the amount of BTMX consumed, for the purpose of display of BTMX consumption on chain only. Based on the amount of BTMX consumed, the equal amount of BTMX will be converted to BTMXS. As a result, total supply of BTMXS will continue to increase. BTMXS is for display purpose only and cannot be used to trade, nor does it have any utility value.
Conversion of BTMX to BTMXS is irrevocable: BTMXS cannot be converted back to BTMX.
From now on, BitMax.io will only support BTMX deposit & withdrawal under the new smart contract solution.
Conversion for BTMX sourced from external wallet was completed. Token holders can check their BTMX balance under the new smart contract solution in their wallet. For any users who are not able to see BTMX balance under new smart contract, you need to contact your wallet service provider to add new BTMX smart contract for balance display.
Thank you for the continued support.
Oct 23rd, 2019
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