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Phemex Supports the Polymath (POLY) Mainnet Swap & Rebranding to Polymesh (POLYX)

Author: Alan W.

Dear Phemexers,

Phemex will support the POLY (Polymath) token swap and rebranding plan to POLYX (Polymesh).

Timeline:

  • At 7:00 UTC on October 10th, 2022, Phemex delists all existing POLY/USDT spot trading pairs and cancels all pending POLY spot trade orders. Deposits and withdrawals of POLY will be suspended.
  • Within 5 business days after October 17th, 2022, trading will open for POLYX/USDT spot trading pair.

Details of Token Swap:

  • Phemex will recover all POLY balances, and begin the distribution of POLYX to all eligible users at a ratio of 1 POLY = 1 POLYX , within 3 business days after spot trading for POLYX/USDT is opened.
  • We will make a separate announcement after the mainnet swap is complete to notify users when deposits and withdrawals of POLYX will be opened.
  • Polymesh (POLYX) asset information on the Polymesh Mainnet:
    https://polymesh.subscan.io/assets

If you have any concerns, please contact our 24/7 customer service team at support@phemex.zendesk.com.


For any inquiries contact us at support@phemex.zendesk.com
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