Announcement on FXS Token Swap and Brand Upgrade (250604)
Jarry
Last Update 6 个月前
Dear Users,
Hello, the ZKE platform will support the token swap, increment, and brand upgrade of Frax Share (FXS) to Frax (FRAX). All FXS tokens will be swapped to FRAX tokens at a 1:1 ratio (1 FXS = 1 FRAX).
The specific arrangements are as follows:
Spot Trading:
The platform will suspend trading and remove the FXS/USDT pair at 11:00 AM (UTC+8) on June 6, 2025. All pending orders will be automatically canceled.
After trading is halted, a snapshot of user FXS holdings will be taken at 12:00 PM (UTC+8) on June 6, 2025. The system will then swap users' FXS holdings to FRAX at the ratio of 1 FXS = 1 FRAX.
The new Frax (FRAX) token type will be the mainnet token.
The launch time for the new Frax (FRAX) token will be announced after the token listing review is completed.
Spot Grid Trading:
The platform will halt grid trading for the FXS/USDT pair at 11:00 AM (UTC+8) on June 6, 2025.
Deposits and Withdrawals:
The platform will stop FXS deposits and withdrawals at 5:00 PM (UTC+8) on June 4, 2025. Please note that FXS tokens deposited after this time will not be credited. If you need to deposit, please do so in advance.
We appreciate your continued support for the ZKE platform. We will strive to provide better products and higher-quality services for you.
ZKE Team
June 4, 2025