Changing the point counting system to Floyx — WITHDRAW [TUTORIAL]
Before we update the system, we would like to make available to the community the possibility to pay out the accumulated points at the current conversion rate of 1 POINT = 1 USDT.
Each USDT will be converted to the current price of a $Floyx token, and then sent to the wallet provided at the time of withdrawal.
Is it worth withdrawing today?
This is an individual decision for each Floyx user.
After the upgrade, the value of the points earned will be reduced in terms of USDT, but the system will be prepared for monetization options and the points on Floyx will bring additional benefits to the Floyx community.
Points will be able to be used to get discounts on the purchase of subscriptions, access to groups and all paid content across the platform. Points will also be redeemable for NFT or can be used to personalize your profile on Floyx (graphically) and much more.
However, if you want to cash out your points, here is a simple tutorial so you can go through the process quickly and without any problems.
Withdrawal option
1# We go to the ‘earning’ tab and first we need to add our wallet to which Floyx tokens are to be withdrawn.
Remember that $Floyx token currently only works on the Polygon network, so the wallet you provide must support this blockchain.
Suggestion: You can provide the address of the MetaMask wallet
2# Once you have pasted your wallet address — click the ‘Update Wallet’ button. Remember to make sure your wallet address is correct.
3# In the USD field, enter the number of points you want to withdraw, and then confirm as shown in the image below.
The current ‘old’ system is operated manually by the blockchain devs. Due to the planned upgrade, we have not automated this process, as the new system will be handled directly by users via the ‘connect wallet’ function and dedicated smart contracts.
Due to the scheduled upgrade of the entire Floyx product, the current token withdrawal opportunity may be carried out until February 4, 2024.
After this date, an update will be carried out and the points system will be prepared for the new functionality.
All the tokens withdrawn will come from an ‘ecosystem’ pool that has been designed to realize, among other things, withdrawals from the Floyx platform.
Tokens will be sent directly through the Floyx Smart Contract. We anticipate 7 days to complete this process.
If you have any additional questions or need assistance, feel free to contact us through our groups or social media.
You can find all the links here: https://linktr.ee/floyx
