New Token for Chemix Ecosystem has been named “CEC” and the Swap of KUN to CEC been kicked off

New Token for Chemix Ecosystem has been named “CEC” and the Swap of KUN to CEC has been kicked off

To adapt to the rapid development of the Chemix Ecosystem, accelerate the internationalization process, and expand the platform’s influences, taking the opportunity of platform rebranding, the community decided to rename the project token in a more general way. At the same time, the supply of project tokens will be expanded proportionally and the new token will be deployed in a new smart contract. In Chemix Ecosystem, the new governance token will have core functions and practicality.

Upon the result of voting by community, the name of our new governance token will be ‘CEC’.

The migration of the former governance token KUN to CEC has been started already, users should log in to our migration portal https://pad.chemix.io/upgrade for the migration before Jun 30, 2022. All KUN tokens that didn't migrate after the time will not be able to migrate, the corresponding ratio of CEC will be kept for reserve in the project vault.

Swap ratio: 1KUN = 10CEC

Vesting rule: CEC will be released linear within 180 days after migration.

CEC Contract Address (BSC): 0x957c49a76b3e008637ca1cce23188a8ce884911e
CEC Contract Address (Ethereum): 0x9e564eb5550E1A9b1448D916fd85a8d876661bdC