HTX to Support Open Custody Protocol(OPEN) Rebrand to Levva Protocol Token (LVVA)
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HTX to Support Open Custody Protocol(OPEN) Rebrand to Levva Protocol Token (LVVA)
Dear HTX Users,
HTX will be supporting the rebranding of Open Custody Protocol(OPEN) to Levva Protocol Token (LVVA) with the following arrangements:
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The withdrawals and deposits of token OPEN will be unavailable at 02:00 (UTC) on February 28, 2025 . Please ensure that you leave sufficient time for your OPEN deposits to be fully processed prior to this time.
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Disabling of all OPEN spot trading pairs and cancellation of all pending OPEN orders (OPEN/USDT ) will take place at 02:00 (UTC) on February 28, 2025.
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Snapshots of users' positions will be taken at 16:00 (UTC) on March 2, 2025, after all orders are canceled. Users' OPEN will be converted to LVVA on a 1:1 basis.
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Opening of deposits, withdrawals, and trading of LVVA will be subsequently announced, please stay tuned.
LVVA Contract address(ERC20):0x6243558a24CC6116aBE751f27E6d7Ede50ABFC76
Project Official Announcement: https://x.com/opencustody/status/1892176634121269659?s=46&t=rYn2EWA72rqrx7qJqUlL0g
Please Note:
1. The system will cancel OPEN orders at the specified time and return the assets involved to your Spot account automatically, please cancel all pending orders before 02:00 (UTC) on February 28, 2025 to avoid any risks.
2. The system will suspend the display of OPEN price once trading has been disabled. OPEN will be excluded from the calculation of users' total balance, and your actual holdings will not be affected.
3. HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.
4. Anything contained in any of HTX promotions, announcements, banners, or other publications (hereinafter referred to as "Promotion") is for information purposes only and should not be construed as trading advice or recommendations. HTX makes no representations or guarantees in respect of any Promotion or any activity on HTX conducted by users as a Promotion is carried out at their own risk. HTX shall not be liable for any losses users may incur from such activities.
HTX Team
February 27, 2025
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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.