Dear BW users,
According to IPFS Filecoin official, Filecoin mainnet is going to launch at block Epoch 148888, around October 15th, 2020. When the mainnet goes live, the public offered FIL token will be released linearly, per bockchain block, according to the vesting period.
To make sure the FIL release process is fairly and openly, we will take the following measure with respect to FIL6Z and the mainnet FIL.
1.To make sure the FIL release process well, BW.com has suspended the FIL6Z deposits and withdrawals.
2.After the mainnet launch, FIL6Z will be released linearly every day.
3.Within 180 days after the Filecoin mainnet goes live, we will take a snapshot of the available FIL6Z balances of all users' Exchange Accounts (the freezed FIL6Z is not included) at 16:00-16:30 （UTC+8） every day, and allocate the according FIL6Z delivery quota according to the available FIL6Z balance of all users’ accounts. Users who want FIL6Z delivery please do not place orders at this time.
4.On the 180th day after the mainnet goes live, we will stop all FIL6Z trading and deliver all the remaining FIL6Z.
5.For users who have FIL6Z delivery quota, the system will deduct the corresponding FIL6Z and issue the same amount of FIL. If the user's available FIL6Z is less than the user's deliverable quota, then the user's available shall prevail;
For example, according to the proportion, user A is allocated 10 FIL6Z delivery quotas, but the user only has 8 FIL6Z available, among which 2 FIL6Z are freezed for a pending order, then only 8 FIL6Z can be delivered this time.
6.When FIL mainnet launches, we will open FIL trading and enable FIL deposits. Estimated time of mainnet launch is around October 15th to October 17th, subject to the time-released by FIL team. FIL withdrawals will be available within 3 working days after the official SAFT agreement takes effect.
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BW, Bit World, Better World
BW.com Global Operations Team
October 12, 2020