In listening to communities' suggestions, MXC has launched the unlocking feature for MX token voted to extend assessment period. User are now able to unlock the voted MX token before the agreed date. The details are shown below:
1. Unlocking entrance: Website homepage > Activity > Assessment Zone Voting > My Vote
2. Unlocking rules: Users can unlock the MX token in different batches based on real need. The unlocked part is unable to join fee reward of the week. Besides, 2% fee in MX will be charged for the unlocking part.
3. Unlocking MX will influence the extended days of the project. Every 10,000 MX unlocked, 24h extended time will be reduced. The round up method will be used to update the extending period.
For example, if A project has a vote of 361,987 MX token, and 59,403 MX token will be unlocked, then,
The remained extending days of project A is: (361,987 - 59,403) /10,000 = 31 days
4. When unlocking MX token causes the extended period of a project less than 24h, MXC will hide & delist the project or perform N+1 voting.
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Enjoying your trade on MXC.
The MXC team
September 21, 2020