Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SYNX] SYNDICATE Ltd | Masternodes, PoS, Business platform
by
catotune
on 30/04/2018, 16:59:17 UTC
Can someone please clarify what  we are supposed to do for this swap?

!!! On the 8th of May 2018 we will perform a blockchain transfer from the old chain to the new one. Syndicate will be upgrading to a new Proof-of-Stake 3.0 with Masternode consensus mechanism and blockchain. Your existing SYNX coins will be mapped 1:1 on the new chain if you will hold your coins in your wallet or on Bittrex exchange, at the swap date.

OK So I need to hold my coins in my wallet or on Bittrex.

For holding in my wallet:
Which version of the wallet can I hold the coins on? I have downloaded version 1.9.9 from https://github.com/SyndicateLtd/SyndicateQT/releases - will my coins be safe in that wallet?

For holding on Bittrex:
Quote
Note: Bittrex will be closing the SYNX wallet and stop trading the token to take accurate snapshots of balances. If any SYNX you had sent to Bittrex are not settled (e.g. marked as pending) by 6:00 PM PT, on 05/08/2018 (1:00 AM on 05/09/2018 UTC), you may not be credited with SYNX.

OK, so I need to make sure my coins are on Bittrex by 6pm 5/8/18.

But:
Quote
We have requested SYNX wallet to be placed in maintenance until the day swap for security reasons. There is no need to contact the Bittrex team as this was requested by our developers. Also, we would like to kindly thank Bittrex team for working closely with us as we upgrade to Synx 2.0

So I can hold my coins on Bittrex, but I have no way to deposit them on Bittrex until literally the day of the swap? If I miss that one day, or if I have trouble moving my coins on that one day, I will lose all my coins?