TRY Token Economic Model Adjustment Announcement

Trias
2 min readFeb 5, 2021

TRY economic model adjusting schedule

According to the TRY economic model adjustment proposal, Trias will reduce the amount of TRY token in the near future. The relevant schedule and operation are as follows:

1. The adjustments of TRY token:

1> Trias will issue a new token, named as “TRIAS”, instead of TRY token. The smart contract address of the token will be changed. Please pay attention to the official announcement.

2> On February 8, Trias will have a snapshot for all TRY wallets at 0:00(UTC).

*Please do not make any TRY transfer operation in any personal wallet from 0:00 to 12:00 (UTC) on February 8. The new token “TRIAS” will be distributed to the user’s addresses during this period.

After the operation, Trias official will announce that the old token(TRY) will stop trading, and the transfer operation of “TRIAS” can be restarted at that time.

3> Users who holds more than 10000 TRY will directly receive Trias airdrops, which will be distributed according to the reduction ratio of 1000:1.

4> Users who holds less than 10000TRY need to claim manually through Trias official website within the specified time. (at that time, Trias will release the specific claiming time and operation process)

5> The old token TRY will be removed from all exchanges and destroyed after being recovered.

2. The adjustments of Kucoin Exchange:

1> The deposit / withdrawal function of Trias (TRY) will be suspended at 23:00 on February 7, 2021 (UTC );

2> At 10:00 on February 8, 2021 (UTC), the trade to trade function of TRY / BTC and TRY/ USDT will be stopped, and the system will automatically cancel the order at that time;

3> At 16:00 on February 8, 2021 (UTC ), TRY assets of Kucoin users will be snapshot, and TRIAS token will be distributed according to the proportion of 1000 TRY = 1 TRIAS;

4> Trias (TRIAS) deposit service will be started at 10:00 (UTC ) on February 9, 2021;

5> At 11:00 on February 9, 2021 (UTC ), TRIAS / USDT, TRIAS/ BTC trading pairs will be launched, and token withdrawal service will be started.

In addition, Trias will soon launch Uniswap and open TRIAS-BTC liquidity pool.

The above information will be updated on Trias official social media. Please keep an eye on Trias official information.

Twitter: twitter.com/triaslab

Annoucement: t.me/TriasOfficial

Community:t.me/triaslab

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Trias

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