As we already pre-announced, the current contracts of Eterbase Coin (XBASE) and EURBASE (EBASE) will be upgraded, and alongside the token swaps that we prepared, we’ve decided to update the Premium Membership benefits as well.
IMPORTANT DATES AND INFORMATION
- Please, bring all your XBASE to ETERBASE!
- The swap will be executed without maintenance mode on eterbase.exchange
- 7/29/2020: XBASE and EBASE deposits and withdrawals will be disabled and trading on XBASE and EBASE markets will be paused. Please make sure that you don't have pending transactions, open orders or active EterBots on XBASE and EBASE markets, our team will check all markets, cancel all pending activities and collect all required data on the 29th.
- 7/30/2020: New XBASE and EBASE contracts will be launched and all Premium Membership accounts will be updated according to the new module(see picture below)
- 7/30/2020: All users that are participating in the token swap will receive 2 Ledger Records in their history( Withdrawal old XBASE/ Deposit new XBASE)
- 7/30/2020: A new XBASE/USDT market will be opened with price support inside the order book
- 7/30/2020: Deposits and withdrawals will be enabled again.
- 8/31/2020: Will be the last date to deposit your old XBASE tokens to eterbase.exchange and swap them to new ones. The swap will be performed automatically and new XBASE tokens will be credited directly to the user's account.
- 8/31/2020: Will also be the last date for all Token Swap Claims. Subsequent submissions won't be accepted
- We care about our users and token holders, and that’s why KYC won’t be mandatory until September 1st, 2020 in order to give everybody a chance to swap their tokens. KYC verification will be mandatory for all users of Eterbase exchange again after the token swap finishes.
XBASE BONUS UTILITY
The new XBASE token will have improved technical and economic mechanics with a smaller supply. New XBASE tokens will be distributed in ratio 1:1000, which means that the supply of tokens will be changed from the current supply of 1,000,000,000 to 1,000,000. The new token will entirely be issued on Ethereum Network and will not be available on Binance Chain or Binance DEX.
We want to encourage new and existing users of our exchange to buy and hold XBASE, and after reviewing the feedback from our community we’ve decided to utilize XBASE even more:
Treasury Gateway Airdrops
EVERY XBASE you hold COUNTS!
Same as with our latest Treasury Listing, the amount of XBASE you hold inside your Eterbase wallet will determine the number of tokens you will receive through our Treasury Airdrop.
The ecosystem around Eterbase is growing day by day, and as our userbase and overall volume follow that path, we decided to share a portion of Fees that our exchange generates with our most loyal holders. 20% of all Fees will be divided into two pools (5% pool and 15% pool) that will be used as a bonus incentive for P8 and P9 Membership holders.
We’ve already prepared our engines to support OFF-CHAIN Staking of several assets on our exchange, and we want to additionally reward our true supporters. P8 and P9 Premium Membership Account Holders will even receive a staking Bonus from Eterbase’s Staking Pool
EBASE’s Token Contract will also receive an upgrade that will be explained in one of our future posts, but we’ve decided to reveal something before the official announcement is out, and that is our special Bonus for P9 Membership Holders that hold their EBASE inside their Eterbase wallet.
EterBot v2.0 is ready, new trading strategies will be available for our users and our Premium Membership Account Holders will have special Discounts.
Premium Membership Structure Updates
After several internal and external discussions, we evaluated our current Premium Membership Structure and decided to make some adjustments that will be implemented once the new XBASE tokens are distributed: