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