The ACXT convertible sale has been launched on Uniswap for a month. We're pleased that ACXT gained more exposure through the sale, including exposure in the DeFi space. Also, the sale acted as a good price discovery process for our token.
We appreciate the support of the community - quite an amount of token was sold in this event. However, as we're launching the ACXT token sale on our own platform soon in November, we consider that it is now an appropriate time for us to close the cACXT pool.
The decision also concurred with the thoughts of our community, as we have been receiving feedback about the closing date of the convertible sale.
We will now withdraw liquidity from the pool (27th October 2020). If you wish to purchase more ACXT, you will have to wait for the sale on ACDX in November.
If you have bought cACXT in the convertible sale -
Deposits of cACXT into ACDX will be open in November before ACXT listing. To swap your cACXT into ACXT, you will have to deposit your tokens into our platform within a specific time window and we will swap the tokens for you based on the account snapshot. We will announce the details and instructions soon. Please stay tuned to our social channels.
ACXT Token Sale -
We will launch the sale in late November - details such as format, subscription amount etc., to be announced.
Sale Price -
The token sale price will be determined by the closing price of cACXT. We will take a snapshot of the pool and also the ETH price at the time of closing for calculations.