Value Liquidity VALUE: HBTC Suports YFV Token Swap to VALUE
According to the official plan of Value DeFi Protocol, HBTC will support the migration of YFV to VALUE (Value Liquidity) in a ratio of 1:1, and list VALUE/USDT for aggregated trading at 12:00 AM on November 4, 2020 (UTC+8). The schedules are as follows:
At 14:00 on October 29 (UTC +8), the aggregated trading for YFV/USD will be closed (all pending orders will be automatically canceled by the system). After that we will take a snapshot of all YFV balances, and then YFV will be swapped to VALUE at the ratio of "1 YFV = 1 VALUE ", then all your YFV asset in your account will be converted into VALUE;At 12:00 on November 4 (UTC+8), HBTC will list VALUE/USDT for aggregated trading.
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.