After a portion of assets held in the official SAY wallet were stolen on March 12th, KuCoin and SpherePay(SAY) come to an agreement to create the “Pledge Fund Policy” as below.

KuCoin will airdrop Ethereum(ETH) to cover SAY net buying volume at a rate of “1 SAY = 0.0000058 ETH”.

For the details of the story which came to this decision, please read the article here.

KuCoin have already taken a snapshot of the 344,827,586.20 SAY net buying volume.

The process of ETH Airdrop

  1. The airdropped ETH distribution will be completed within a few weeks. You can check your accounts by going to Assets > Deposit > Deposit History.
  2. Users who have SAY tokens on KuCoin should withdrawal all SAY tokens manually to a private wallet and contact SpherePay (SpherePay official website to acquire their new tokens.*
  3. SAY withdrawal will be closed on 2018/4/12 18:00 PM (UTC).
*You will be able to receive your ETH airdrop on KuCoin when you have SAY net buying volume, even if your SAY token balance is 0.