Dear Community
CoinDCX Will Support the Micro Chains Gov Token(MCG) Rebranding to Lena (LENA)
Timeline:
- At 2023-09-24, 7:30 AM (IST), Disabling of the MCG spot trading pair (MCG/USDT) and cancellation of all pending MCG orders (MCG /USDT) will take place
- .CoinDCX will remove MCG from the list of supported cryptos on CoinDCX Pro App
- At 2023-09-25, 09:30 PM (IST), CoinDCX will take Snapshots of users’ positions, after all orders are canceled. Users’ MCG will be converted to LENA on a 1:1 basis.
Details of Token Swap:
CoinDCX will recover all MCG balances, and begin the distribution of LENA to all eligible users at a ratio of 1 MCG = 1 LENA
The resumption of trading of Lena (LENA) will be released in the following announcement. CoinDCX will make a separate announcement after the token swap is complete to notify users.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You may reach out on support.coindcx.com
Regards,
Team CoinDCX
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