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KuCoin MainNet Swap of ONT Complete

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Dear KuCoin Users:

KuCoin has completed the MainNet swap of ONT, and the deposit and withdrawal functions are now open. The original deposit address of ONT will remain unchanged.

We will continue to support deposits of ONT tokens until 23:59:59 (UTC+8) on September 30, 2018. If you are currently holding ONT tokens, please make your deposit before the closing date above. The ONT tokens held on KuCoin will automatically be swapped into the MainNet ONT coins.

 

KuCoin will also distribute the corresponding ONG on a monthly basis to all ONT holders. For more information please refer to the following:

Guidelines:
Daily ONG generated by each user = Daily total ONG generated by KuCoin * User ONG holdings ratio
User ONG holdings ratio = User ONT holdings, based on snapshots taken at 00:00 (UTC+8) daily / Total ONT held on KuCoin

Note:
ONT balances under 0.1 ONT (including those in open orders) will not be included into the daily ONG calculations.
ONG generation is calculated daily but distributed monthly. Distributions will be completed before the 20th of each month.
KuCoin will begin calculating ONG from 31/8/2018.

 

Thanks for your support!
The KuCoin Team