Open Letter to Mercatox

Apologies for the delay. I must have misunderstood their response because they’ve since informed me that they have completed the swap to Alphanet.

Mercatox is holding ~20600 ZNN and they wish to hold the same amount in wZNN in order to quickly re-instate trading on their platform. They are aware of the bridge and its 3% tax, and would like to know if we can accommodate one of the following:

  1. Peer-to-peer trade 20600 ZNN for 20600 wZNN
  2. Reimburse the 3% amount in wZNN after they bridge: ~618 wZNN

The only other option is for Mercatox holders to lose 3% of their holdings.

Latest email

Hello Sol,

It would be really good if you could find someone from the community who needs to exchange about 20600 ZNN to avoid the bridge and paying interest. Alternatively, you can cover this percentage for us, as we previously agreed on.

We believe that within a few days after the swap, we will be able to activate the trading.

Best Regards,
Mercatox Team

Note: I don’t recall agreeing to reimbursing anything.


I’ll setup a poll in case the community wants to make a decision.
If someone wants to volunteer for any of the options, that’s fine as well.

Mercatox Decision
  • Community agrees to swap ZNN ↔ wZNN 1:1
  • Community agrees to reimburse bridge tax
  • Community agrees to losing 3% of holdings on Mercatox
  • Other (please comment)
0 voters