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KuCoin Adds Support for E Money Network (EMYC)

KuCoin Adds Support for E Money Network (EMYC)

01/17/2025, 10:39:02

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Dear Users,

KuCoin will support the E Money Network (EMYC) trading.

1. KuCoin had taken snapshots of the users’ SCLP assets at 12:00:00 on November 22, 2024 (UTC).  We will convert the SCLP to EMYC at a ratio of 1:1 (1 SCLP = 1 EMYC).

2. KuCoin will airdrop the EMYC tokens for users in 7 batches in 7 months following the vesting schedule by the project team,  with 14.67% emission for 5 months after the 1st batches and 14.65% for the 7th month.  KuCoin will complete the 1st batch of 12% of EMYC distribution on Jan 23, 2025. 

Batch

Airdrop Emission

Schedule

1st 

12%

Jan 23, 2025

2nd

14.67%

Feb 23, 2025

3rd

14.67%

Mar 23, 2025

4th

14.67%

Apr 23, 2025

5th 

14.67%

May 23, 2025

6th

14.67%

Jun 23, 2025

7th

14.65%

Jul 23, 2025

3. KuCoin will open the EMYC deposit and withdrawal services at 08:00:00 on Jan 23, 2025 (UTC).

4. KuCoin will open the trading service for the EMYC/USDT trading pair at 14:00:00 on Jan 23, 2025 (UTC).

Please note:

1. KuCoin no longer supports deposits and withdrawals for the old SCLP tokens. Please DO NOT deposit old SCLP tokens to KuCoin

2. For further information on the token swap, please refer to:

Official Announcement

Related follow-ups to this subject will be announced separately as soon as possible.

Thank you for your support!

The KuCoin Team


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