As the merge of ETH2.0 is approaching, the discussion in our community is getting more and more fierce. As of now, there are two voices in the community: the first is that after Ethereum is converted to PoS, the current Ethereum computing power will support other mining methods using PoW or graphics cards. The second is to hard fork Ethereum and continue to use the PoW consensus mechanism after the fork.
In order to help non-ETH holders to share the "candy" award when the hard fork is happening, Digifinex now introduce you to our ETHW wealth investment product. The products are introduced as follows:
>>>Staking Now: https://www.digifinex.com/en-ww/eth-fork-ethw
Users can stake their BTC, USDT, USDC and other mainstream coins on the product page to immediately receive 50%, 50%, 50%of the corresponding ETH amount of the potential forked token "Candy" ETHW (which can be traded on the exchange). 100% of the staking mainstream coin will be released at the end of the staking period, and the other 1% is the handling fee for this product subscription
The rules for the staking period are as follows:
if the fork is successful at the expected time in September, staking will be discharged within 3 days after the fork.
If the September fork fails at the expected time, but is going to fork within a definite time frame of two months thereafter, staking will be discharged within three days after the fork.
If the September fork fails outright or it is confirmed to fork later than two more months, staking will be discharged after an advance notice to users.
Notice: The subscription fee will not be refunded in any of the above three cases, and ETHW will not be returned at the same time.
If 10 BTC is staked, the number of ETHW acquired will be:
10*0.5*24000 (Price of BTC) / 1700(Price of ETH) = 70.588
All token prices are based on the exchange price at the time of staking. After the staking expires, 10 BTC will be released.
- Subscription assets will be locked in and cannot be cancelled or redeemed before the settlement date.
- If the market price moves away from the target price, you may miss the opportunity to buy or sell at a better price.
Please note that financial management involves risks. Please read the product terms and conditions carefully before investing. DigiFinex is not responsible for losses caused by price fluctuations.
Digifinex has opened trading of ETHW/USDT, ETHW/ETH trading pairs at 12:00 on Aug. 9th. 2022 (UTC+8). The deposit and withdraw of ETHW will be available after the update of ETH2.0. Please pay attention to our announcement in the coming days for detailed time. For all our users, please notice the potential risk involved during your trading. We will inform you if there is any change.
To download DigiFinex APP: https://www.digifinex.com/en-ww/download To sign up in DigiFinex: https://www.digifinex.com/en-ww/from/C9JT9c?channelCode=ljaUPp
Thank you for your support!
August 12th, 2022
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