Skip to main content
All CollectionsAnnouncement
CoinSavi Announces Merger of VRAUP, ID3L, and ETH3L Tokens
CoinSavi Announces Merger of VRAUP, ID3L, and ETH3L Tokens
CoinSavi avatar
Written by CoinSavi
Updated over 3 weeks 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

Did this answer your question?