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Announcement on the Support of MATIC (Polygon) Swap to POL (Polygon Ecosystem Token) (240830)

Jarry

Last Update il y a 4 mois

Dear Users,


          Greetings! According to the official announcement from Polygon (MATIC), MATIC will be merged and swapped at a 1:1 ratio for the Polygon Ecosystem Token (POL). The ZKE platform will support this token swap and provide users with the token exchange service.


          Details regarding this token swap are as follows:

  1. On August 30, 2024, at 18:00 (UTC+8), the platform will suspend deposits and withdrawals for the MATIC-Polygon network, and these services will not be supported afterward. Note: MATIC tokens deposited after this time will not be credited. Please make deposits in advance if needed.

  2. On September 4, 2024, at 15:00 (UTC+8), the contract for MATICUSDT perpetual contracts (U-standard) will be settled and delisted. The settlement price will be the arithmetic average price of the 30 minutes preceding the settlement.

  3. On September 10, 2024, at 11:00 (UTC+8), the platform will suspend deposits and withdrawals for MATIC-ERC20, and these services will not be supported afterward.

  4. On September 10, 2024, at 11:00 (UTC+8), the platform will cancel all MATIC/USDT and MATIC/BTC orders and close these spot trading pairs. These trading pairs will not be supported afterward.

  5. On September 10, 2024, at 11:00 (UTC+8), the platform will close MATIC trading pairs in the Polygon (MATIC) quantitative grid trading. If there are any ongoing quantitative grid trading strategies, please adjust them in advance. Otherwise, they will be forcibly stopped at 11:00 (UTC+8) on September 10, 2024.

  6. On September 10, 2024, at 11:00 (UTC+8), the platform will close leveraged tokens MATIC3L and MATIC3S and conduct a net asset value redemption for MATIC3L and MATIC3S tokens. Users holding these leveraged tokens will receive corresponding USDT within three days.

  7. After the closure of trading pairs, a snapshot of users' MATIC holdings will be taken at 11:00 (UTC+8) on September 10. Subsequently, the system will swap users' MATIC holdings to POL at a [1 MATIC = 1 POL] ratio.

  8. On September 13, 2024, at 18:00 (UTC+8), the platform will open the POL/USDT spot trading pair. The opening time for POL deposits and withdrawals will be announced separately.


Official Announcement: Polygon Official Blog
POL Contract Address: Etherscan


          Please note that after the merger is complete, POL prices may fluctuate significantly. Please be cautious and aware of the risks involved. The platform will no longer support the old Polygon (MATIC) tokens. Users wishing to participate in this token swap should make deposits before the suspension.

          Thank you for your continued support and understanding of the ZKE platform. We will continue to provide you with better products and quality services!


ZKE Team
August 30, 2024

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