Claim your new QANX Token
Follow these best
practices for your own
safety!
⚠️ Always double-check the information at least on two of our official channels (Twitter, Telegram, and Website)!
⚠️ Before doing anything, ensure you have backups of your seed phrase(s) and/or private key(s).
⚠️ Do NOT reset your already installed MetaMask, because you will lose your already existing wallets and funds!
⚠️ Never share your passwords, private keys, key phrases, seed phrases, or recovery phrases!
⚠️ The new QANX Token contract address on ETH and BSC is:
0xAAA9214F675316182Eaa21C85f0Ca99160CC3AAA
Do not perform any actions with other tokens pretending to be QANX.
⚠️ Do not send tokens to the QANX smart contract address!
⚠️ The QAN team never calls you or sends you any direct messages. Never answer messages like these!
Faq
What is the difference between the old and new QANX Token?
The token's primary function, supply, or distribution did not change. The QANX Token will be the utility token of QANplatform (QAN blockchain platform).
The new QANX Token smart contract has some minor technological updates. However, only the new QANX Token is supported by QANplatform and Centralized Exchanges.
Who can claim the new QANX Token?
- Users who held QANX Token in their wallet on October 11, 2022, 8:16:39 AM UTC+ (in the block before the bridge wallet hack).
- Users who bought QANX Token on decentralized exchanges between October 11, 2022, 8:16:39 AM UTC+ on BSC or October 11, 2022, 8:17:59 AM UTC+ on ETH (bridge wallet hack) and October 11, 2022, 9:06:00 AM UTC+ (second official announcement).
- Users who bought QANX Token on centralized exchanges between October 11, 2022, 8:16:39 AM UTC+ (bridge wallet hack) and when trading was halted.
What if I stored QANX on multiple wallets?
If you stored your old QANX Token in multiple wallets, you need to claim your new QANX Token one by one with each of your wallets.
How many new QANX Token will I get?
- If you didn't perform any trades, you will get 100% of the QANX Token you held in your wallet on October 11, 2022, 8:16:39 AM UTC+.
- If you traded QANX Token on decentralized exchanges (Uniswap, PancakeSwap) between the beginning of the hack (BSC hack start: October 11, 2022, 8:16:39 AM UTC+, ETH hack start: October 11, 2022, 8:17:59 AM UTC+) and the second official warning (October 11, 2022, 9:06:00 AM UTC+), you will receive compensation based on your net loss. The compensation, in this case, is 50% plus the 100% of the QANX Token you held in your wallet before the hack.
- Only bought on DEX (between October 11, 2022, 8:16:39 AM UTC+ on BSC or October 11, 2022, 8:17:59 AM UTC+ on ETH and 9:06:00 AM UTC+)
For example, if you bought 150 USD worth of QANX Token (between October 11, 2022, 8:16:39 AM UTC+ on BSC or October 11, 2022, 8:17:59 AM UTC+ on ETH and 9:06:00 AM UTC+), your net loss is 150 USD. You will be compensated by 50% of your net loss, so you will receive (150/2)= 75 USD worth of QANX tokens on the pre-hack price, which is 0.012 USD. In this case, you would receive 75/0.012= 6250 QANX. - Bought and sold on DEX (between October 11, 2022, 8:16:39 AM UTC+ on BSC or October 11, 2022, 8:17:59 AM UTC+ on ETH and before liquidity was removed on DEX)
For example, if you bought 150 USD worth of QANX Token during the previously mentioned period and sold for 50 USD before the liquidity was removed (Uniswap: 09:41:23 AM +UTC, PancakeSwap: 09:51:51 AM +UTC), your net loss is 100 USD. You will be compensated by 50% of your net loss, so you will receive 100/2= 50 USD worth of QANX tokens on the pre-hack price, which is 0.012 USD. In this case, you would receive 50/0.012= 4166.6666666667 QANX.
- Only bought on DEX (between October 11, 2022, 8:16:39 AM UTC+ on BSC or October 11, 2022, 8:17:59 AM UTC+ on ETH and 9:06:00 AM UTC+)
- If you traded QANX Token on centralized exchanges (like Gate, MEXC, BitMart)
between the beginning of the hack (October 11, 2022, 8:16:39 AM UTC+) and the time the exchanges closed trading, you will receive compensation based on your net loss. The compensation, in this case, is 50% plus the 100% of the QANX Token you held on the exchange before the hack.- Only bought on CEX (between October 11, 2022, 8:16:39 AM UTC+ and trading closed)
For example, if you bought 150 USD worth of QANX Token (between October 11, 2022, 8:16:39 AM UTC+ and trading closed) your net loss is 150 USD. You will be compensated by 50% of your net loss, so you will receive (150/2)= 75 USD worth of QANX tokens on the pre-hack price, which is 0.012 USD. In this case, you would receive 75/0.012= 6250 QANX. - Bought and sold on CEX (between October 11, 2022, 8:16:39 AM UTC+ and trading closed)
For example, if you bought 150 USD worth of QANX Token during the previously mentioned period and sold for 50 USD before the trading closed on CEX, your net loss is 100 USD. You will be compensated by 50% of your net loss, so you will receive 100/2= 50 USD worth of QANX tokens on the pre-hack price, which is 0.012 USD. In this case, you would receive 50/0.012= 4166.6666666667 QANX.
- Only bought on CEX (between October 11, 2022, 8:16:39 AM UTC+ and trading closed)
How long can I claim my new QANX Token?
You can claim the new QANX Token until the QAN Public Blockchain (MainNet) launches at the latest. However, it is recommended to claim it in the upcoming weeks.