Migration Milestone - First 10% of supply migrated!


#1

I thought it would be good to start a thread about the first Safex migration milestone - 10% of the Safe Exchange Coin supply has been burned and in the process of airdropping Safex Token and Safex Cash to the relevant Safex Blockchain addresses.

Here are some quick stats!

  • At the time of writing this, 231,596,138 Safe Exchange Coins have been burned
  • Based on the current market price at Trade Satoshi – this is a little over $2m worth of Safex
  • A total of 965 burn transactions have been performed
  • Excluding the developer test transaction – it’s closer to 930 burn transactions
  • This gives us an average of almost 250K Safe Exchange Coins burned per transaction
  • The migration so far has been responsible for 2,260 transaction on the Bitcoin Blockchain
  • A rough average of 582 Safex Cash has been airdropped per migration transaction
  • A total of 539,227 Safex Cash has been allocated to airdrop receivers so far

Just some fun quick stats. Here is to the next milestone – 25%!

For those who are unfamiliar with the migration process - here is a useful video: https://www.youtube.com/watch?v=Kw9QhVimoyY


#2

Let’s go! Onto the next milestone! :rocket:


#3

I have stack of safex coins ready to be burned,
pretty sure we’ll be hitting that milestone in no time!


#4

Ofc we are, the entire community is centered on migrating their coins rn


#5

Personally I am waiting for the next wallet version coming out soon. Not in too much of a hurry.


#6

Well I already migrated my coins, just want to be prepared when SFX get listed on Coindeal, it should be this month :muscle: