KuCoin Tech Updates

KuCoin MainNet Swap of SPHTX Complete

KuCoin MainNet Swap of ONT Complete

Notice: KuCoin will automatically swap the ONT token into the MainNet ONT coin before 23:59:59, 2018.09.30 (UTC+8) for users who deposit the ONT token.

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.