1/. [ENG]. Hello, this is ReapChain. ReapChain successfully completed the mainnet patch and hard fork on April 22, 2024, and as the patch is successfully completed, we plan to distribute the “ecosystem incentive” quantity in line with the foundation’s token economy plan.
4/. Please refer to the links below for more information and detailed criteria. The ReapChain Foundation will always strive to enhance the value of REAP. Thank you. Posted by ReapChain.
3/. The 397 million units to be newly minted over a period of one year from May 1, 2024 will be paid to holders according to the following standards. 1. Ecosystem incentive volume overview.2. Ecosystem incentive volume distribution criteria and distribution plan.
2/. Since there is currently no participation by general holders other than the Foundation to receive ecosystem incentives, all incentive stocks held by the Foundation are scheduled to be burned by April 30, 2024, and after the incineration is completed.
4/. Please refer to the following regarding the end of KUCOIN trading support. 1. Trading Support Ends: 2024.04.22. 06:45:00 (UTC).2. REAP/USDT Listing Delisting Date: 2024.04.22. 16:00:00 (UTC).3. Withdrawal End Date: 2024.10.28. 10:00:00 (UTC).
3/. However, the Reapchain Foundation continues to develop the mainnet and is working on listing on additional exchanges. We will continue to provide updates as we transition to the mainnet, and we will keep you posted on this.
2/. We tried to maintain trading by explaining our buyback plan and plans for additional listings to KUCOIN, but due to the termination of trading support from domestic exchanges, the price dropped significantly and the trading support was eventually terminated.
3/. KUCOIN 거래 지원 종료 관련 사항은 하기 내용 참고 부탁드립니다. 1. 거래지원종료 : 2024.04.22. 15:45:00 (KST).2. REAP/USDT 상장폐지 일시 : 2024.04.22. 16:00:00 (KST).3. 출금종료 일시 : 2024.10.28. 19:00:00 (KST).
6/. We assure you that the foundation is making every effort to facilitate the delisting process of KuCoin ST. We kindly request your patience as we await the outcome. Thank you.
5/. Consequently, the foundation has provided additional responses outlining future plans and alternative measures to KuCoin and is awaiting further feedback.
4/. Upon further inquiry with KuCoin, we were informed that concerns were raised regarding the decline in price and overall trading volume following the cessation of KRW trading support by domestic exchanges in February.