Big Wallets, 2:1 Period, and more ...

in #ondori6 years ago



We received a lot of positive feedback on the Ondori white paper and the official rebrand. There was a lot of time and effort put into making sure everything was done as best as we could for the community and the team was very appreciative for the positive response. It definitely motivates us that much more, so thank you!


Top 3 Wallets

As it was discussed in the Snapshot announcement, due to our supply size reducing, we would not be able to facilitate a swap of more than 2,250,000,000. Doing so would put the community at risk and would allow for too much of a percentage of our reduced supply to be owned indecently by a single person. After the snapshot, 3 wallets were asked to contact us to discuss this matter. We'd like to let the community know that we have talked with these three wallets and have come to the understanding. (Snapshot announcement can be found here: https://dixassetcoin.wordpress.com/2018/06/30/snapshot-taken/).


Current 2:1 Period

This is just a reminder that the current period that we are in is open to purchasing DIX tokens at a ratio of 2:1. This means for every 2 DIX you get 1 Ondori. As of now, the period will be open until the swap is completed. Once we have announced and opened the swap window, it will be open for 35 days. This is plenty of time to still pick up DIX tokens for those arriving late to the party. Keep in mind that depositing DIX to stocks.exchange has been disabled, so those wishing to purchase DIX tokens, may find the NXT exchange as an option if stocks.exchange is running thin on supply.


NXT Asset Exchange

For those new who are still a bit unsure of how to access the assets in the NXT wallet, here are some steps.

  • Download the most recent (1.11.14) NXT desktop wallet (or Android) for your operating system here: https://www.jelurida.com/#hide-block-bartik-main-menu
  • Choose "Light Client" during the prompts.
  • Save your passphrase and do not lose it. You will lose access to your funds if you do!
  • Once downloaded/synced, enter into your wallet (you may need to be patient while connecting to nodes).
  • Above the search bar, enter the asset ID: 3300333279580786000
  • You should see and be able to view DIX asset. If you look in the upper right corner, you will see “Add Asset”. Select it. Re-enter the asset ID: 3300333279580786000
  • You should now have DIX viewable on your asset portion of the wallet.

    If you wish to transfer from stock.exchange to your wallet. (if you have an existing balance in the snapshot, please open a new wallet for 2:1)

  • Go to stocks.exchange and log in.
  • Go to your “Token” wallet and select “withdraw” from your DIX account.
  • Enter your NXT issued desktop address (located in the upper left corner, and is the address used to access your account). It will look similar to NXT-XXXX-XXXX-XXXX-XXXX.
  • This address is used to send both NXT and DIX.
  • Be prepared to pay an exchange transaction fee.
  • Send
  • You will be asked to approve your withdraw by email. Be sure to approve it or it will not begin the withdraw.
  • Once you have approved it, you withdraw will be initiated and take anywhere from 45m-90m to complete. Once completed, you will see it posted in your NXT wallet, under “Assets”.

    Attention! Do not send to the address in THE UPPER RIGHT CORNER of your NXT wallet, when viewing in the DIX asset: NXT-JKRH-WE3T-7HK2-B73AE This is the original DIX creator address and if you send to this address your funds WILL BE LOST. Your address is located in the UPPER LEFT CORNER and MATCHES WITH YOUR LOG IN ADDRESS.

    Additional resources:

    How to swap token from exchange to NXT wallet:


NXT provided guide: https://www.nxter.org/how-to-use-nxt-asset-exchange-tutorial/

If you are having connection issues, please ensure your download was the most recent version available (1.11.14). If still not resolved, visit our #nxt-wallet-help channel.

Leave the Snapshot Alone!

For those that were included in the 1:1 snapshot, if you remove from your balance that was recorded you will lose that portion of the balance from being in the 1:1 snapshot.

What does this mean? This means that if you sell a portion of the snapshot balance, and hope to repurchase in order to replace it, those new tokens will now be 2:1. This will be easily verifiable thru the NXT wallet and each swap request will be fully audited to ensure that those buying at 2:1 were not taken advantage of by those who are in the 1:1 snapshot.

If you purchase after the snapshot, and you add to your snapshot balance, this will not eliminate you from the 1:1. Your difference will be 2:1. The problem that will happen if you add to your existing balance is that it will make the job of completing all the swap requests that much harder. To ensure accuracy and efficiency, we ask everyone to open a new wallet for all these new purchases.



In closing, we just want to again thank the community for being very positive with what we’ve been able to accomplish thus far, and we are excited with the things still to come. We have a lot of work still left ahead and we thank you in advance for your continued support and patience. Remember that this is not a quick project for quick profit. Instead, we are long term project with our eyes on much bigger things, with no rush to get there.


Thank you,

Kratos
https://rstr.io

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