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      Poloniex to Support the CUDOS (CUDOS) and Artificial Superintelligence Alliance (FET) Token Merge

      Dear Poloniex Users,

      Poloniex will be supporting the CUDOS (CUDOS) and Artificial Superintelligence Alliance (FET) token merge with the following schedule:

      • On September 29 at 12:00 (UTC), CUDOS deposits and withdrawals will be unavailable.
      • On September 29 at 12:00 (UTC), all CUDOS spot trading pairs will be removed and pending CUDOS/USDT orders will be canceled.
      • After the removal, a snapshot of users' CUDOS holdings will be taken at 16:00 (UTC) on September 29. Following this, the platform will convert users' CUDOS tokens to FET at a ratio of 118.344 CUDOS = 1 FET.
      • Please stay tuned for a further announcement after the completion of the token merge.

      Learn More:

      • https://x.com/CUDOS_/status/1838656141360034123
      • https://x.com/ASI_Alliance/status/1838666036062601695

      Notes:

      1. Users who hold CUDOS are reminded to cancel all the affected pending orders before the trading of CUDOS is disabled. The system will cancel all related orders at a specified time and automatically return the assets to your Poloniex account.

      2. The system will suspend the display of the CUDOS price once trading has been disabled. CUDOS will be excluded from the calculation of your total balance, but your actual holdings will remain unaffected.

      3. Virtual asset trading involves high risks and could lead to partial or total loss. Please be sure to carefully study relevant info and consider your risk tolerance before trading.

      4. The content of this announcement and other information on Poloniex does not constitute investment advice. Poloniex is not liable for direct or indirect losses from relying on such information. The platform is neither responsible nor liable for your trading decisions.

      Poloniex Team

      September 29, 2024

      Read the original article at poloniex

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