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Dear C2X Explorers,.

XPLA
XPLA
Telegram
25 May 2022, 03:54
Dear C2X Explorers, This announcement is to inform you that $UST-$CTX LP Token Staking Program is going to be terminated earlier than expected due to the migration of the Mainnet and we are no longer able to continue with the Staking Program. Due to the foregoing circumstance, we have decided to return the set of tokens we received for $UST — $CTX pool at the time of staking LP tokens. The way we are going to handle this is as follows, 1. Token Return Policy — $CTX ① CTX will be returned as a whole at the time of staking LP tokens. — $UST ① $UST will be returned in $CTX based on how many $CTX were staked for staking LP tokens. ② This is because the $UST and $CTX had to be paired in equal value to receive LP Tokens to stake. ※ If, for instance, you have provided the LP pool with 100 CTX and 300 UST and staked all of your LP Tokens, you will receive a total of 100 CTX + 100 CTX = 200 CTX. 2. Rewards from the Staking Program — We will still provide rewards for all of the participants and this will be calculated based on the date of the termination. ① Even if you have set 52 weeks of lock-up period, the reward will be distributed according to the timeframe between the start and the date of the termination. ※The termination date for the $UST-$CTX LP Token Staking program will be announced separately in the near future. ※ If you have provided the $UST-$CTX pool with 100 CTX and 300 UST and staked all of your LP Tokens, you will receive a total of 100 CTX + 100 CTX = 200 CTX with the addition of the reward from the Staking Program. 3. Others — The LP Tokens that were staked in the $UST-$CTX pool during the Staking Program will be collected by C2X Platform simultaneously when we return the staked $CTX and distribute the reward. — Except for the $UST — $CTX pool, CST and LCT pool in the LP Token Staking Program will carry on as usual. We will keep you posted on when and how we are going to carry out the plans proposed above. C2X Platform is planning to run a variety of programs in the near future. We appreciate your continued interest and support. Thank you. C2X