The Change of Newdex Seed Fund Operation Rules

Dear users,

Hello! After Newdex Seed Fund completed its first financial aid, due to some users' doubts about the handling of obtained project tokens, Newdex has decided to update the Newdex Seed Fund’s original operation rules of "The tokens obtained by Newdex Seed will be used for NDX buy-back, burning or airdrop" to "The tokens obtained by Newdex Seed will all be airdropped to NDX token holders". At the same time, the operation rule of "NDX can be bought back and burned by a certain percentage of the project's revenue" is canceled, which means that after investing in the project, Newdex Seed Fund only obtains a certain percentage of project tokens in the future, the full amount of project tokens will be airdropped to NDX token holders, and project tokens will no longer be used for the buy-back and burning of NDX token.

In addition, the 5000 DFS token currently unhandled by Newdex Seed will all be airdropped to NDX token holders in the near future. For specific airdrop information, please follow the official announcement. The revenue from the handled token has all been used for NDX buy-back, which will be burned together with the NDX buy-back by other revenues at the beginning of next month.

Newdex Seed Fund is committed to promoting the EOS ecological prosperity. For the specific operation rules of Newdex Seed, please click to view.

Thank you for your attention and support to Newdex!
Newdex Team
July 27, 2020

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