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Infinex's early governance token XGP will be retired before the upcoming Crates event and TGE.
Foresight News reports that the cross-chain aggregation DeFi platform Infinex has announced the retirement of its early governance token XGP in conjunction with the upcoming Crates event and TGE. XGP holders must transfer their XGP into their Infinex accounts by November 9, 2025, at 08:00, at which point all XGP held before the deadline will be automatically converted: every 200,000 XGP can be exchanged for 1 Patron NFT, while users holding less than 200,000 XGP will receive Crates, with the specific exchange rate to be confirmed. The total supply of XGP is 630 million, with 169 million still unclaimed, and the number of exchanged Patrons is 2,063, leaving 1,087 available Patrons.