Dear Valued Customers,
To improve our user’s trading experience, Coinsavi will merge the leveraged tokens ARB3L and WLDUP at a ratio of 100,000:1.
Details are as follows:
- Tokens: ARB3L and WLDUP
- Effect on Balance and Price:
- After the migration, balances will be reduced by a factor of 100,000.
- The token price will increase by 100,000. Ensuring that the value held by users remains unchanged.
Implementation Plan:
- At 12:00 on April 21, 2025 (UTC), we will temporarily suspend trading for ARB3L and WLDUP
- At 02:00 on April 22, 2025 (UTC), all existing trade orders will be canceled. We will then take a snapshot of the ARB3L and WLDUP balances in users’ accounts and merge the shares of these tokens at a ratio of 100,000:1.
- The merger of leveraged tokens ARB3L and WLDUP is expected to be completed by 11:00 on April 22, 2025 (UTC).
- Coinsavi will adjust the price increment unit for the ARB3L and WLDUP pairs after the merger is completed.
Note:
Users are not required to take any action for this merger. Coinsavi will handle the entire process automatically.
After the merger, you will see the updated balances of ARB3L and WLDUP, along with the updated prices, in your Coinsavi account.
Best Regards,
Customer Support Team
