Open Letter to Mercatox

To:

Mercatox

Subject:

Deprecation of wZNN, an Open Letter to Mercatox.com

Message:

The Zenon Community is aware that the bridge for the current wZNN contract is being deprecated. The community has been instructed to bridge from wZNN to native ZNN as soon as possible.

If Mercatox custododies wZNN in lieu of native ZNN (Alphanet), this message is to advise Mercatox to pursue one of the two following courses of action. Failure or neglect to take action may result in the total loss of customer assets.

  1. Advise customers to bridge their wZNN.

1.A. Halt trading of wZNN (presented as ZNN on the Mercatox trading platform).

1.B. Enable withdrawals of wZNN.

1.C. Advise customers holding a balance of (wZNN) to withdraw and bridge their tokens immediately.

  1. Mercatox could bridge the full balance of wZNN in custody to native ZNN Alphanet tokens.

2.A. Note that the bridge functionality is intermittent, and while the deposit of Alphanet tokens is reliable, bridged token deposits may be delayed for indeterminate amounts of time.

Sincerely,
Zenon Community

Additional information:

Bridge Deprecation Notice and Guide:

BSC contract address: 0x84b174628911896a3b87fa6980d05dbc2ee74836

wZNN/ZNN Bridge:

4 Likes

You misspelled ‘custodies.’ I think the message is correct and hopefully they get off their fat asses.

1 Like

I don’t wanna be the bad guy but this is an information we should see on the Zenon Network Twitter as well.

1 Like

Looks good.

1 Like

Zend it ser! As the bridge is deprecating and we don’t know if the current wZNN contract will continue to exist, we would have to notify Mercatox.

Thank you for doing the needful.

2 Likes

I posted on Learn_zenon. I think Zenon_Network is deprecated.

RIP Zenon_Network

You’re not the bad guy. Whoever is in charge of the twitter account fails to realize how much they set back the efforts of this community by just staying silent and not signaling willingness to hand over the account.

1 Like

Mission Complete.

2 Likes

I will update this thread with any replies from Mercatox.com.

We asked them before and they told us to send money or fuck off. What happened that makes you think this has changed?

2 Likes

An exchange integration tutorial would be usefull. I’m not sure what kind of server-side programming language is serving Mercatox, but the easiest way would be to use one of the Sdk implementations to interact with NoM. Either way they probably have to implement it from stratch, having some developer documentation could lower the adoption threshold considerably. Maybe Stex could give us some insight in how they implemented it?

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@vk_stex Please take a look at this post.

1 Like

Hi, any news? Is there any further communication with Mercatox?