Dear Valued Customers,
To improve our user's trading experience, Coinsavi will merge the leveraged tokens ASMY3S and BAKEDOWN at a ratio of 100,000:1.
Details are as follows:
Tokens: ASMY3S and BAKEDOWN
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 9, 2024 (UTC), we will temporarily suspend trading for ASMY3S and BAKEDOWN.
At 02:00 on December 10, 2024 (UTC), all existing trade orders will be canceled. We will then take a snapshot of the ASMY3S and BAKEDOWN balances in users’ accounts and merge the shares of these tokens at a ratio of 100,000:1.
The merger of leveraged tokens ASMY3S and BAKEDOWN is expected to be completed by 11:00 on December 10, 2024 (UTC.
Coinsavi will adjust the price increment unit for the ASMY3S and BAKEDOWN 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 ASMY3S and BAKEDOWN, along with the updated prices, in your Coinsavi account.
Best Regards,
Customer Support Team