How to swap NRC20-MXT to ERC20-MXT
The MixTrust (MXT) project cooperates with NULS to launch a POCM (Proof of Credit Mining) reward event. You can participate in the reward event if you hold NULS.
The event starts from 31 July, 2020, 08:00(UTC-4).
1. What is POCM?
POCM(Proof of Credit Mining) is an SCO Platform developed based on the NULS public chain, which allows projects to use smart-contracts to issue and distribute project tokens on blockchains. Got NULS? Stake your NULS into POCM contract of the MixTrust(MXT) project to get MXT token rewards.
2. How earn NRC20-MXT tokens by NULS
First click on the link to open the POCM platform: https://pocm.nuls.io/
Click [Stake Now] to stake NULS and earn MXT token rewards
Click [Particulate POCM], stake NULS，and get NRC20-MXT token rewards.
Please note that the Number of minimum mortgage NULS is 10 NULS
3. How to swap NRC20-MXT to ERC20-MXT
NRC20-MXT tokens will be swapped to ERC20-MXT tokens at the ratio of 1:1. The way to swap is as follows:
- First transfer the NRC20-MXT tokens on the POCM platform to the official wallet address designated by the MixTrust (MXT) project, and add notes (your ERC20 wallet address to receive ERC20-MXT) in the remarks column to receive the ERC20-MXT tokens (this note is very important , Please be sure to attach the remarks ERC20 address when transferring)
The address designated by MXT project to receive NRC20-MXT is :
- The swapped ERC20-MXT tokens will be sent to the ERC20 wallet you noted within 24 hours, please check it in time. If you have any questions, please consult the MXT telegram community customer service, the telegram community link: https://t.me/MixtrustCommunity
4. MXT Token information
Token name: Mixtrust(MXT)
Mixtrust is a decentralized synthetic asset issuance protocol based on Ethereum, and provides a decentralized cross-chain trading platform for synthetic assets: seamless asset synthesis, decentralized cross-chain transactions, and cross-chain mortgage lending.
The beta version of synthetic asset platform is anticipated to launch in August 2020.
Token initial circulation: 10% of the total supply, the remaining tokens will be locked and start be released after 1 year
Token price: 0.0009USDT
The initial circulation marketcap based the current price is 900,000 USDT (assume fully diluted market cap, extremely low!!!)
MXT Token has been launched on uniswap, the next-step listing plan will be announced in the near future.