KuCoin MainNet Swap of ZPT and GALA Complete

2018/10/16 10:21:31

Dear KuCoin Users:

KuCoin has completed the MainNet swap of ZPT and GALA, and the deposit functions are now open. Withdrawals for ZPT and GALA will open on October 16, 2018 at 14:00 (UTC+8).

Important Notice:

Please make sure you have a new ZPT and GALA MainNet wallet address for deposits.
Please do not deposit to the original NEP5 address, or your assets will fail to be retrieved.

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

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

Note:
ZPT balances under 1 ZPT (including those in open orders) will not be included into the daily GALA calculations.
GALA generation is calculated daily but distributed monthly. Distributions will be completed before the 20th of each month.
KuCoin will begin calculating GALA from 16/10/2018.

Thanks for your support!
The KuCoin Team