Extended to Begin Migration From StarkEx to Starknet on August 12
Extended will start its migration from StarkEx to Starknet on August 12, marking the first of three planned stages. From this date, only trading activity on Starknet will generate reward points, while StarkEx activity will no longer be incentivized. Users migrating during Stage 1 will receive additional rewards. During this phase, StarkEx vaults will halt trading, fee accrual, and liquidation handling, which will instead be managed by a separate insurance fund, while Starknet vaults will continue operating normally. The migration process is automatic, requiring users only to close positions and click “Migrate” in the interface.
What is a coin swap (token swap)?
A coin swap is a process of cryptocurrency migration from one blockchain to another. It may be due to a hard fork (coin swap) or a mainnet launch (token swap). Holders need to follow swap guides in order not to lose their cryptocurrency.