Hi Chop and PNW representatives,
We are pleased to inform you that we have successfully fulfilled our side of the migration requirements for both the FLOOR and NFTX tokens.
We have paused the migration contracts for FLOOR and NFTX, and as part of this process, we withdrew all the tokens in these contracts and sent them to the burn address. The transactions can be verified through the following links:
- Floor Token Burn: (Ethereum Transaction Hash (Txhash) Details | Etherscan)
- NFTX Token Burn:(Ethereum Transaction Hash (Txhash) Details | Etherscan)
Each migrated token holder received a receipt token (fNFTX / fFLOOR) upon exchanging their tokens. These receipt tokens represent their claims on the pro-rata treasuries that we will receive from NFTX and FLOOR.
The next step as agreed involves a waiting period of 45 days before we receive the treasury assets from PNW. During this period, we will work closely with PNW representatives (would that be you, Chop?) to confirm and clarify the exact pro-rata share of the treasury assets we will custody. We will also ensure that our community remains well-informed of any developments throughout this process.
Thank you for your cooperation and support. We look forward to a smooth and successful completion of this migration process.
Best regards,
Potato