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CoinSavi Announces Merger of VRAUP, ID3L, and ETH3L Tokens

CoinSavi avatar
Written by CoinSavi
Updated over a month ago

Dear Coinsavi Users,

To provide a better trading experience for our users, Coinsavi will proceed with the merger of the tokens VRAUP, ID3L, and ETH3L.

The details are as follows:

Token

Time (UTC)

Ratio

VRAUP

02:00 on March 14, 2025

100,000:1

ID3L

02:00 on March 14, 2025

100,000:1

ETH3L

02:00 on March 17, 2025

100,000:1

1. Suspension of Trading

We will suspend trading for VRAUP/USDT and ID3L/USDT at 12:00 on March 13, 2025 (UTC).

2. Merger of Leveraged Tokens VRAUP and ID3L

At 02:00 on March 14, 2025 (UTC), all existing trade orders will be canceled. We will then take a snapshot of the VRAUP and ID3L balances in users' accounts and merge VRAUP and ID3L at a ratio of 100,000 = 1.

The merger of the leveraged tokens VRAUP and ID3L is expected to be completed by 11:00 on March 14, 2025 (UTC). If the merger is completed earlier than expected, we will reopen trading for VRAUP/USDT and ID3L/USDT accordingly.

3. Suspension of Trading

We will suspend trading for ETH3L/USDT at 12:00 on March 16, 2025 (UTC).

4. Merger of Leveraged Token ETH3L

At 02:00 on March 17, 2025 (UTC), all existing trade orders will be canceled. We will then take a snapshot of the ETH3L balance in users' accounts and merge ETH3L at a ratio of 100,000 = 1.

The merger of the leveraged token ETH3L is expected to be completed by 11:00 on March 17, 2025 (UTC). If the merger is completed earlier than expected, we will reopen trading for ETH3L/USDT accordingly.

Notes:

Coinsavi will adjust the price increment unit (API symbol: priceIncrement) of the trading pairs VRAUP/USDT, ID3L/USDT, and ETH3L/USDT after the merger.

Trading Pair

Current Price Increment

New Price Increment

VRAUP/USDT

8 digits 0.00000001

4 digits 0.0001

ID3L/USDT

8 digits 0.00000001

4 digits 0.0001

ETH3L/USDT

8 digits 0.00000001

4 digits 0.0001

Thank you for your support!

The Coinsavi Team

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