07/07/21 | wXCASH Update. Hello everyone, hope you are having a wonderful day.

07 Jul 2021, 08:38

07/07/21 | wXCASH Update Hello everyone, hope you are having a wonderful day! Today, i'd like to give an update and estimated planning to roll out the WXCASH and X-bank update! As mentioned yesterday, we are fixing and testing a few things, but we are now confident that we can schedule the update and let everyone prepare! As such, we will put the X-Bank in maintenance starting July 19th, for a week (til July 26th). When the X-Bank will be back online, you will be able to swap your XCASH for WXCASH directly within the X-Bank 🎉 What are we going to do during this week? - The new X-Bank has been reworked from the ground up, to improve stability, persistence and updatability. As such, this is a completely new infrastructure in the background, coming with new wallet management scheme. We will need to transfer the current user database to the new layout, and this will take a bit of time and verification to ensure that no data is lost. - Your funds on the X-bank will be unavailable during this time. Please take your precaution before the maintenance period. You'll still be able to access the X-bank in view-only mode, but won't be able to withdraw. Any deposits made to the X-Bank will be lost during the maintenance Because we will be transferring account between the current and the new X-bank, any new deposits won't be recorded in the database, and will de facto be lost. Please prepare accordingly. We won't be able to locate your deposits, you have been warned! What now? - We are fixing a few issues here and there, notably an issue where Polygon WXCASH withdraws are not broadcasted by the sentry node (this is a known ETH issue), so we are putting failsafe in to avoid lost withdrawals. - We are writing the documentation to use WXCASH safely, and how to interact with all networks. We will add comprehensive guides and GIFs to help you understand what to expect. - We will create the liquidity pools on the several Polygon DEXs, and work to get listed on the tier 1 exchange. We'll keep everyone updated! We are impatient to enable you to trade WXCASH, and interact with the Polygon network. Have a good day, and thank you for your support and patience 🙏