Blockchain

Story: NEM (XEM) to Symbol Migration Opt-in NEM wallets and Snapshot

By Dan Saada

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NEM (XEM) Partnerships DeFi Farming and More

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NEM are going through a stage of lot of progress and there is bit more to go still and more is set to be known soon.

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The NEM ecosystem is filled with the aura of Symbol launch.  There were some issues during Symbol launch and the Testnet update.

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The expected date for the reset is January 11, 2021. However, some of them believe that this date will be reset as the testing continues.

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The new testnet will have 500 nodes, all the latest patches, a deep rollback, and further will be fully reset.

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The pre-launch Opt-in for Symbol ends on January 9th, 2021. Users can Opt-in now to claim your XYM at Symbol launch.

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NEM are expected to launch the Symbol public blockchain. Migrating accounts from NEM NIS1 to Symbol, including Opt-in, Snapshot, and user opportunity to participate in XYM is the…

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Otherwise, to strengthen the NEM network a partnership with ezDeFi have been announced. ezDeFi is a non-custodian wallet which will make the crypto payments transfers and DeFi…

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Wrapped XEM which is stXEM is already available.  Users will now be able to generate annual returns of up to 30% with stXEM through the UniSwap Protocol.

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NEM previously announced a partnership with bondedfinance by adding stXEM and XYM into the bonded DeFi ecosystem.

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