Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
cyrax1
on 29/12/2020, 11:19:12 UTC
Anyone got a final breakdown of where all the XYM funds go?  will all all the dev funds, silvercoin etc wallets be converted to XYM too ? Also after the 6 years is up, what will happen to unclaimed XYM


Wallets were discussed here. https://forum.nem.io/t/core-team-wallet-transfers/26584?

As for the unclaimed funds after 6 years. I don't expect there to be a lot, but it was discussed to burn it.



Ok, maybe I missunderstood something, what if some exchange (for example Bittrex) does not support XYM airdrop, but people are holding XEM there when snapshot is taken. This Bittrex wallet is still in XEM network, so balance in it will be recorded in snapshot. Can Bittrex opt-in later and take XYMs corresponding to this balance to themselvs, or those XYMs will be burned?