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Bitkub to support Boba Token Airdrop - Deposit and Withdrawal of OMG Temporarily Out of Service on 12/11/2021 from 06:30 AM (GMT+7) onwards

Modified on Fri, 17 Feb, 2023 at 12:37 AM

As the OMG Foundation will airdrop Boba Token (BOBA) to OmiseGo (OMG) holders in order to introduce the BOBA ecosystem, Bitkub will be handling all the technical procedures of this distribution for the best benefit of our OMG holders.

 

Conditions

You must be holding OMG in Bitkub wallet during the snapshot process on 12 November 2021 at 07:00 AM (GMT+7).

 

OMG under the following statuses will NOT be included in this BOBA airdrop

  1. OMG in successful sell orders before the snapshot on Bitkub.
  2. OMG purchased after the snapshot on Bitkub
  3. OMG withdrawn before the snapshot on Bitkub
  4. OMG deposited after (or not successfully deposited before) the snapshot on Bitkub.

 

* The amount of BOBA received will result in an 8-decimal number. Any amount lower than 8 decimals will not be included in the amount received.

 

Schedule

  • OMG deposit and withdrawal suspension:
    On 12 November 2021 at 06:30 AM (GMT+7)
    **In the meantime, trading (buy and sell) of OMG will not be affected.
  • Bitkub and OMG Foundation take the snapshot of OMG on customers’ wallets:
    On 12 November 2021 at 07:00 AM (GMT+7)
    **The process of taking snapshots may take some time, depending on the number of customers participating in the airdrop.
  • OMG deposit and withdrawal resume after the snapshot by Bitkub and OMG Foundation:
    On 12 November 2021 at 09:30 AM (GMT+7)

 

BOBA Distribution Rules

1. Bitkub will distribute the BOBA Token to OMG holders after the deposit and withdrawal of BOBA are enabled.

2. BOBA airdrop ratio = 1:1
For example, a customer who holds 1,000 OMG at the time of the snapshot will receive 1,000 BOBA.

After receiving BOBA from the OMG Foundation, Bitkub will calculate the amount and distribute the tokens to all OMG holders as soon as possible.  

 

Remarks:

  • Only OMG amounts snapshot at 07:00 AM (GMT+7) on 12 November 2021 are eligible for the airdrop calculation.
  • Please trade OMG with caution of potential price volatility during the procedures of the BOBA airdrop.
  • Trading of BOBA is not confirmed by the support of this airdrop. BOBA listing will be strictly reviewed through the same process as other digital assets listed on Bitkub. As per our policy, we do not guarantee the listing of this token.

 

For more information about the airdrop, please check here.

 

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