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Silent Notary (SNTR) Has Completed Its Token Swap! The New UBIX.Network (UBX) Token Will Be Listed Soon!

Silent Notary (SNTR) Has Completed Its Token Swap! The New UBIX.Network (UBX) Token Will Be Listed Soon!

10/13/2020, 09:31:52

Dear KuCoin Users,

To protect Silent Notary (SNTR) from the recent large withdrawal incidents, the Silent Notary (SNTR) project and KuCoin team have completed a 20:1 token swap at block height 11,028,580. Any transaction after block 11,028,580 will be invalidated and unrecognized.

Meanwhile, Silent Notary (SNTR) has migrated the new tokens to the UBIX.Network (UBX) protocol. KuCoin will start the Silent Notary (SNTR) upgrade and complete the UBX token swap automatically for SNTR holders.

The SNTR upgrade and token swap arrangements are as follows:

  1. KuCoin will close the trading service for the SNTR/ETH trading pair at 19:00 on October 13, 2020 (UTC+8). We recommend that you cancel your pending orders of SNTR as soon as possible.
  2. To complete the upgrade, KuCoin will take snapshots of users’ SNTR assets at 19:00 on October 13, 2020 (UTC+8). After the snapshot, we will convert the SNTR into UBX at a ratio of 20:1 (20 SNTR = 1 UBX).
  3. KuCoin will delist the SNTR/ETH trading pair at 18:00 on October 16, 2020 (UTC+8).
  4. KuCoin will open the trading service for the UBX/ETH trading pair at 18:00 on October 19, 2020 (UTC+8).
  5. The deposit and withdrawal opening date will be announced separately.

Regards,

The KuCoin Team