Dear Valued Customers,
To provide a better trading experience for our users, Coinsavi will merge the leveraged tokens XRP3S, VRADOWN, and ATOM3S at a ratio of 100,000:1.
Details are as follows:
Tokens: XRP3S, VRADOWN, and ATOM3S
Effect on Balance and Price:
After the migration, balances will be reduced by a factor of 100,000.
The token price will increase by 100,000. Ensuring that the value held by users remains unchanged.
Implementation Plan:
At 12:00 on December 3, 2024 (UTC), we will temporarily suspend trading for XRP3S/USDT, VRADOWN/USDT, and ATOM3S/USDT.
At 02:00 on December 4, 2024 (UTC), all existing trade orders will be canceled. We will then take a snapshot of the XRP3S, VRADOWN, and ATOM3S balances in users’ accounts and merge the shares of these tokens at a ratio of 100,000:1.
The merger of leveraged tokens XRP3S, VRADOWN, and ATOM3S is expected to be completed by 11:00 on December 4, 2024 (UTC).
Coinsavi will adjust the price increment unit for the XRP3S/USDT, VRADOWN/USDT, and ATOM3S/USDT pairs after the merger is completed.
Note:
Users are not required to take any action for this merger. Coinsavi will handle the entire process automatically.
After the merger, you will see the updated balances of XRP3S, VRADOWN, and ATOM3S, along with the updated prices, in your Coinsavi account.
Best Regards,
Customer Support Team