Final wUPX Liquidity Rewards & Bridge Shutting Down
Today we have launched a new thirty day wUPX liquidity mining period. All taxes collected via transactions to the upxReaper contract are being used for this thirty day period. You may have noticed that this is a shorter period than our typical ninety day periods: Unfortunately, we have made the decision to shut down the uPlexa Bridge (to/from wUPX/bUPX) on November 30th, 2021.
This may sound disconcerting to some, however, is ultimately achoice that required quite a lot of thought as well as the legal recommendations from our legal partners that we have discussed with regards to new upcoming regulatory policies around DeFi.