Thread by @NischalShetty

Day 927

Announcing WRX Airdrop program for users who bought SHIB at exceptionally high price & did not sell.

WazirX is about trust & we have decided to help our users.

We will AIRDROP WRX equivalent to your loss!

Details soon

Plz share & RT #WazirXCares

#IndiaWantsCrypto

We will share all details in a blog post soon

Who will be eligible for this WRX Airdrop Program?

1. If you bought SHIB at exceptionally high price & you have never sold that SHIB

2. If you bought SHIB at exceptionally high price & you sold that SHIB after prices normalised

We will conduct this WRX airdrop program over the next 4 months.

We will airdrop WRX equivalent to 25% of your loss every month for the next 4 months.

Where is the source of the WRX?

We will be using WRX that is collected as part of trading fees. No WRX will be specially unlocked or used for this airdrop program.

Note: WazirX DID NOT sell this SHIB. Users bought & sold it in open market

Due to liquidity crunch, prices rose fast for brief period of time

However, we want to help our users and our community. Hence this airdrop program

Buyers will receive airdrop. Sellers won’t be affected

WazirX is always here for community.

We’ll be implementing processes and checks in place to help with future listings.

We’re learning and we need your support.

We’ll continue to build WazirX into India’s largest & most trusted exchange

Jai Hind 🇮🇳

#IndiaWantsCrypto