The 100x DOT Redenomination Time Will Be Extended on August 21st

Dear Users,

After communication with the Polkadot (DOT) project party, in order to ensure the safety of users’ DOT assets, the 100x DOT Redenomination time will be extended at 21:15 (UTC+8) on August 21, which is consistent with the official time.

On approximately August 21st at 21:15 (UTC+8) (block number 1,248,328), the DOT token will undergo a redenomination from its original sale. New DOTs will be 100x smaller than DOTs (old). Therefore, your DOT balance will be 100x higher and the price per DOT will be 100x lower. The percentage of the DOTs you own relative to total supply will be unchanged. This will not affect the total value of your position.

In order to support this change, MXC will pause DOT trading from approximately August 21 at 19:15 (UTC+8) until August 21 at 23:15 (UTC+8) (block number 1,248,328). Order books will reopen in POST-only mode.

We will inform you of any changes to this timeline.

See the Polkadot blog post for more information: https://polkadot.network/results-of-dot-redenomination-referendum/

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