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📣 The Future of EMYC After months of strategic evaluation, the Boards and Management Teams of E Money Network and Scallop have agreed on the future direction of the $EMYC ecosystem. Eligible EMYC holders will be offered the opportunity to convert the value of their eligible EMYC holdings into Scallop equity as part of a structured transition. Following completion of the conversion process and the delisting of EMYC from supported exchanges, E Money Network will begin an orderly wind-down of its operations. Key points • Participation is entirely voluntary • A 45-day conversion period begins today • Each eligible EMYC token will convert into 1.5 Scallop sub-class shares, including an additional 0.5 allocation approved in recognition of the EMYC community’s support • The conversion value will be based on the 45-day average EMYC market price (CoinMarketCap) together with Scallop’s final equity valuation • Holders may continue to trade, sell or transfer EMYC until it is delisted Exchange Update EMYC will enter Special Treatment (ST) on KuCoin from 17 August 2026, followed by delisting. Gate. io will follow at a later stage. The exact timelines and procedures will be communicated by the respective exchanges. Following the delisting of EMYC from supported exchanges, the EMYC smart contract will be permanently frozen as part of the planned transition. Please read the full announcement and FAQ before drawing conclusions: 📖 Blog: https://t.co/J4XrcaRUVO ❓ FAQ: https://t.co/PpC6HWKaNi ⚠️ Security Reminder: We will never contact you first via DM or ask for your seed phrase, private keys, passwords or KYC documents outside the official conversion portal. If you’re unsure about any communication, please contact [email protected] before taking any action. The Teams of E Money Network & Scallop