DigixDAO will refund the ETC which are generated from Ethereum hard fork back to DGD holders.
The refund rules are:
Every 100 DGD will be refunded for about 23.255 ETC.
DigixDAO will take the snapshot for all the DGD holders' accounts on Ethereum Main Chain at the block number of #3,800,000.
YUNBI will support this ETC refund activity, and will use the following rules to help the DGD holders on YUNBI to claim and distribute ETC.
YUNBI will use "Block Number or Time, Double Trigger" method to make the snapshot for the DGD holders on YUNBI.
There are two trigger conditions for this "Double Trigger" method. One is "Block Number", the other is "Time". Once either of the condition been satisfied, the snapshot will be taken immediately.
- Block Number Condition: Ethereum block number reaches #3,790,000;
- Time condition: 14:00, 29-05-2017. (UTC+8)
After the snapshot, YUNBI will suspend DGD deposit and withdrawal service. The service will be resumed after ETC tokens have been successfully claimed and distributed. During this time, DGD trading will not be influenced.
Notice: The reason why YUNBI needs to bring the snapshot forward is to make sure YUNBI has enough time to safely handle users' DGD token before the official snapshot from DigixDAO.