IMPORTANT NOTICE

StormX, Inc., has filed a voluntary petition for bankruptcy protection under chapter 7 of the Bankruptcy Code. This matter is before Judge Brendan L. Shannon and has been assigned case number, 25-10730(BLS). This notice has important information about the case for creditors, debtors, and trustees, including relevant deadlines.

To protect your rights, consult an attorney. All documents filed in the case may be inspected at the bankruptcy clerk's office at the address listed below or through PACER (Public Access to Court Electronic Records at https://pacer.uscourts.gov). Additionally, documents in this case may be filed with the Court at the following address: 824 Market Street, 3rd Floor Wilmington, Delaware 19801. Please note the staff of the bankruptcy clerk's office cannot give legal advice.

If you are a creditor and believe you have a claim against StormX, Inc., you must file a proof of claim detailing the amount and basis of your claim. This case does not have a claims agent so any proof of claim must be filed through the Court's website. The following link contains general information on the proof of claim process (https://www.deb.uscourts.gov/claims-information) and this link will be used to file a proof of claim (https://ecf.deb.uscourts.gov/cgi-bin/autoFilingClaims.pl).

StormX Staking Decommissioning: How to Unstake and Withdraw Your Tokens

Daniel Ball
Daniel BallOct 4, 2024
StormX Staking Decommissioning: How to Unstake and Withdraw Your Tokens

Following the potential merger announcement earlier this week, we’re making necessary updates to the StormX project. As part of this, staking for both $STMX and $ATH will be decommissioned.

While the ability to stake and earn additional tokens will end, you can still withdraw your staked tokens beyond the decommissioning date.

Below are the steps to help you through this process.

Key Date to Remember:

End of Staking and Earning: 7th October 2024

This is the last date for staking and earning both $STMX and $ATH tokens. You can still withdraw your tokens after this date.

Unstake & Withdraw $STMX Tokens

  1. Unstake Your $STMX Tokens
    1. Log into the StormX Staking Interface.
    2. Go to the "Stake" section in the navigation bar.
    3. Select "Unstake" and confirm the transaction in your connected wallet.
    4. Connect your StormX membership wallet icon and follow the instructions to authenticate login.
    5. When you reach the staking interface, scroll down to ‘Stake STMX’.
    6. Select “Unstake”.
    7. Your connected wallet will open, and then follow the instructions to sign the transaction.
  2. Withdraw Earned Rewards
    1. Navigate to the "Rewards" section in the app.
    2. Select "Withdraw" and choose your $STMX tokens.
    3. Confirm the withdrawal in your connected wallet.

Unstake & Withdraw $ATH Tokens

  1. Unstake Your $ATH Tokens
    1. Log into the StormX Staking Interface.
    2. Go to the "Stake" section in the navigation bar.
    3. Select "Unstake" and confirm the transaction in your connected wallet.
    4. Connect your StormX membership wallet icon and follow the instructions to authenticate login.
    5. When you reach the staking interface, scroll down to ‘Stake ATH’.
    6. Select “Unstake”.
    7. Your connected wallet will open,and then follow the instructions to sign the transaction.
  2. Withdraw Earned $ATH
    1. Log into the StormX App.
    2. Navigate to the “Rewards screen” on the navigation bar.
    3. Select “Withdraw”.
    4. On the ‘Withdrawal' screen choose Athens (ATH)’ token.
    5. Ensure you have the minimum amount of $10.
    6. Hit the ‘Withdraw’ button.
    7. Your connected wallet will open, and then follow the instructions to sign the transaction.

*Please note: Unstaking your tokens requires a mandatory 14-day cool period to receive 100% back as per the terms & conditions. Immediate unstaking comes with a 10% penalty.

Ongoing Access to Your Tokens

Even after the staking decommissioning date 7th October 2024, you will still have full access to both your staked $STMX and $ATH tokens and can withdraw them at any time. However, staking and earning additional tokens will no longer be available.

Need Help?

If you have any questions or need assistance, our support team is ready to help. Visit our help center for more information.

Thank you for your continued support. We look forward to sharing key updates over the coming weeks.