opnx-exchange.claims
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Submission: On February 08 via api from CN — Scanned from DE
Submission: On February 08 via api from CN — Scanned from DE
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Connect Wallet $OPNX Airdrop is now live. With $OPNX, you can trade spot and futures for free on OPNX for 2 months. We are doing an airdrop to increase user adoption and liquidity on the platform. Also, if you were a victim of FTX, with $OPNX you can claim up to the 80% of the value of your account. Connect Wallet It pays to be early... The first 531 claimants will receive the following benefits: Trade spot and futures for free for 2 months Earn VIP Level 6 trading status for 6 months thereafter Sounds good?Transfer your claim for free now Onboard your FTX claim now Our solution is simple. OPNX is built for over 20 million users who currently have $20 billion of claims trapped in bankruptcy proceedings. Tokenize your claim and access immediate liquidity to trade crypto. Connect Wallet Meet OX. The native fee paying, staking and governance token of OPNX Stake OX. Trade for Free. Secure a 100% trading fee rebate if your staked OX % is equal to or greater than your trading volume % of total OPNX volumes. Stake OX in the Herd Convert the past into a piece of the future Turn your claim into Reborn OX (reOX) and use as collateral to trade crypto futures. Learn more about reOX Advantages of trading claims on OPNX Automated onboarding Take advantage of a streamlined claim onboarding process and avoid the fragmented and costly process of trading your claim over-the-counter (OTC). Sell the past, hold the future Convert your FTX claim at up to double the market price and receive reOX tokens. Learn more about reOX Access trading capital immediately Use reOX as collateral to trade crypto futures. Connect Wallet Turn your trapped claims into assets you can trade with. Join Create an OPNX account and complete KYC. Connect Wallet Apply Be confirmed in real-time. Sign Digitally sign your transfer agreement to initiate your claim transfer. Convert Turn your claim into Reborn OX (reOX) and use as collateral to trade crypto futures. OPNX Claims –Powered by Heimdall Heimdall is our real-world asset tokenization partner Heimdall manages the onboarding, verification, and tokenization of claims and ensures a secure and compliant process every step of the way. Refer and earn 30 USDT Earn 30 USDT for every friend you refer. Refer Friends Frequently Asked Questions Who verifies and tokenizes the claims? OPNX has partnered with Heimdall, a tokenization solution provider, to manage the onboarding, verification, and tokenization of real-world assets for OPNX users, starting with claims. What value am I getting for my FTX claim? Claims will initially be converted into reOX tokens at a 100% bonus of the market price, which will converge to 0% bonus over a period of 50 weeks. This means, during Week 1, users will receive double the market price for their FTX claim. Example: FTX claim amount: $1 million FTX claim price: $0.30 1 reOX conversion amount with 100% bonus = $1 million * $0.60 = $600,000 *This example does not represent actual prices. Intended for illustrative purposes only. What are reOX tokens? Reborn OX tokens (reOX) are OX tokens that unlock whenever preference for a claim is settled. reOX can be used immediately as collateral in OPNX’s credit system to trade crypto futures. Why do FTX claims convert into reOX tokens? An important concept to understand about bankruptcy claims is preference risk. That is, bankruptcy laws enable recovery of assets transferred to creditors within a 90-day period prior to the bankruptcy filing to ensure fair treatment among all creditors. As an exchange, FTX is likely to have numerous claims with preference or such 'clawback' risk. To address preference risk related to FTX claims, we are converting FTX claims into Reborn OX (reOX), which will immediately serve as eligible collateral in the oUSD credit system on OPNX. In the case that a user's claim is determined to have preference, an equivalent dollar amount of the issued reOX tokens will be reclaimed from the user. View More * Trade SpotPerpetualsRepo * About Our StoryTermsAPI SolutionBug Bounty ProgramCareer * Learn Crypto and Claims 101Getting Started on OPNXBlogSupport CenterAffiliate ProgramOX WhitepaperJustice WhitepaperoUSD Litepaper Sign up to get the latest updates to OPNX Subscribe © Open Exchange 2023