MEXC Will Support WQT Compensation Plan

Dear MEXCers,
According to WQT's official announcement, they will carry out airdrops of new WQT tokens to users who were affected by the contract hack. To reduce losses for affected users, MEXC supports the compensation plan with the following announcement:

I. Compensation Plan for Users
Before the Attack:
WQT holders will receive new WQT airdrops based on their WQT balances snapshotted. Details are as follows:
  • Snapshot time: at block 27457195, 2023-04-18 13:49:06 (UTC)
  • Airdrop ratio: 1 : 1
  • Distribution has been completed. You can check airdrops in your [Wallet>Spot].
II. Compensation Plan for Users after the Attack:
For users with a net buying amount of WQT greater than 0 USDT between 2023-04-18 13:49:06 - 2023-04-18 20:15:00 (UTC), MEXC will conduct new WQT airdrops at a ratio of 13.5 : 1 based on their net buying amount.


New WQT contract address(BEP-20):


Please note:


  • The project team will collect back all old WQT(BEP-20 and ERC20) tokens.
  • Snapshot scope only covers Spot accounts. The WQT holdings in sub-accounts will be included in their main account when snapshots are taken.
  • The snapshot balances do not include the WQT assets that have not arrived in the destination accounts, are in the withdrawal process, or are already sold in spot trades at snapshot time.
  • The airdrops will be completed before 2023-05-22 12:00 (UTC). You can check airdrops in your [Wallet>Spot].
  • Deposits, withdrawals, and trading for WQT will be announced in a further announcement.

Learn more:


Thanks for your support!


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The MEXC Team
20 May 2023