FTX wil support the Pundi X migration. Below are the details:
At April 4th 10pm HKT:
- NPXS deposits and withdrawals will be suspended
- Unprocessed NPXS withdrawals will be cancelled
- NPXS/USD and NPXS-PERP trigger orders will be cancelled
- Trading will be halted on NPXS/USD and NPXS-PERP markets, all orders will be canceled, and the markets will be de-listed
- NPXS-PERP will cash-expire to a 1-hour TWAP of the NPXS index
Within an hour after April 4th 10pm HKT:
- NPXS spot balances will be converted into PUNDIX balances at a 1,000:1 rate
- PUNDIX/USD and PUNDIX-PERP will be listed
- PUNDIX withdrawals and deposits will be enabled
The PUNDIX index will start out with FTX/USD, and will grow to include other exchange's markets as they list. PUNDIX will replace NPXS in the SHIT index at a 1:1,000 rate once more exchanges have listed it.
It is your responsibility to understand the implications of the FTX Pundi X migration. FTX is not liable for losses.
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