Dear Community,
We would like to inform you that with respect to the recent Ethereum (ETH) Network Shanghai Merge, for our users who currently hold Liqueth (LQTH) on CoinDCX Pro, we will make LQTH redeemable with ETH at a ratio of 1:1.
Please note:
-
- At 05:00 PM (IST) on 4th May 2023, we will discontinue the market for LQTH on our platform.
- Users will not be allowed to place any new orders for LQTH and all existing orders will be automatically canceled.
- On 5th May 2023, for all eligible users, LQTH will be redeemed with ETH at a ratio of 1:1.
How will this impact you?
As a user, you don’t have to do anything for the conversion. We will be unstaking the staked ETH on your behalf, and then withdraw the LQTH token from circulation.
What to do next?
Users can still earn crypto returns on ETH by putting their tokens on Earn, which allows investors to earn crypto returns in addition to benefiting from market movements in the long term. Tap here to Earn.
In case of any further doubts, please contact our Support team.
Regards,
Team CoinDCX
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