WEMIX

WEMIX.Fi is launching a concentrated range deposit service, with plans to transfer liquidity of the major pools provided by the foundation from the full range deposit pool to the concentrated deposit pool.AUTO BURN, which exchanges burn reserves for WEMIX using the entire deposit pool, may experience reduced burn amounts depending on the liquidity scale. To achieve efficient burn, the AUTO BURN contract will be updated to exchange burn reserves for WEMIX using the concentrated range deposit pool from November 7th to December 6th.During the update period, the AUTO BURN process for WEMIX.Fi, WEMIX PLAY, NILE, and KLEVA service revenues will be temporarily suspended, and gas fees will be burned as usual.Service revenues generated in October will be burned in December along with November service revenues, and we will provide further guidance when the burn process resumes.Thank you.Official WEMIX site announcement: <a href="https://www.wemix.com/communication/68e77ba2-2da2-4b3c-ac65-23ed9ffcd64b" rel="noopener noreferrer nofollow">https://www.wemix.com/communication/68e77ba2-2da2-4b3c-ac65-23ed9ffcd64b</a> WEMIX Community: ● WEMIX Official Webpage: <a href="https://www.wemix.com/communication" rel="noopener noreferrer nofollow">wemix.com</a> ● Medium: <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">WEMIX Communication</a> | <a href="https://medium.com/wemix-play" rel="noopener noreferrer nofollow">WEMIX PLAY</a> | <a href="https://medium.com/nile-official" rel="noopener noreferrer nofollow">NILE</a> ● WEMIX Channels: <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://www.facebook.com/WEMIXBlockchain" rel="noopener noreferrer nofollow">Facebook(WEMIX Platform)</a> | <a href="https://www.facebook.com/WEMIXGames" rel="noopener noreferrer nofollow">Facebook(WEMIX Games)</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.reddit.com/user/WemixNetwork" rel="noopener noreferrer nofollow">Reddit</a>

WEMIX BURN, AUTO BURN contract update & temporary service suspension

WEMIX

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