Core DAO(CORE) Margin trading will enabled on OKX

We are pleased to announce that USDT-margined perpetual swaps for CORE will be listed at 2:00 pm UTC on February. 8. Margin trading and savings for CORE will be enabled at 7:00 am UTC on February. 9.
The updates will cover both the web and app interfaces as well as API. The details are as follows:

Core DAO Margin Trading and Savings

• Spot margin trading will be activated for following pairs: CORE/USDT
• For the details of the tiered margin ratio, please refer to Margin Borrowing Position Tiers after the official listing.
• For the limits of savings, please refer to the Business Rules for Savings after the official listing.

Note: When the new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 16:00 pm UTC on February. 8 is 0.03%. After 16:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 1.50% (the funding fee of this period will be charged at 8:00 am UTC on February. 9).

The price limit rules of CORE USDT-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details.

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