Open Exchange (OPNX) co-founder Mark Lamb issued an open letter to issue a tender offer to CoinFLEX creditors. CoinFLEX creditors will be able to submit their creditor claims and/or shares and in exchange for their existing shares in the bankrupt company, they will receive OPNX and OX A stake in the token.
In addition, CoinFLEX creditors who accept this offer will collectively receive 1 billion OX in a trustless manner through their OPNX accounts or through automated DeFi platforms such as LlamaPay, based on their collective preferences, exercisable within 10 years, with the first 50% accepting the offer The creditors who signed the contract will receive 2/3 of the OX distribution, distributed in proportion to the size of their claims, and the last 50% of creditors who signed the contract will receive 1/3 of the distribution, and will be distributed in proportion to the size of their claims.