The DOT token will undergo a redenomination from its original sale (block number 1,248,328, ), on approximately August 22 at 00:40 (UTC+8). The time arrangement of DOT redenomination on MXC is below:
1. DOT claiming, deposit and withdrawal will be suspended at 21:00 on August 21, 2020(UTC+8).
2.DOT spot trading will be suspended at 21:30 on August 21, 2020 (UTC+8). For users who have pending orders for DOT/USDT and DOT/BTC trading pairs, please cancel the order in time, or the system will automatically cancel the order for you and return the relevant assets to your account.
3. Polkadot Ecosystem Index will be suspended at 21:30 on August 21, 2020 (UTC+8). For users who have open positions, please close the positions in time, or the DOT assets in Polkadot Ecosystem Index will be lost.
4. During the DOT redenomination, on approximately August 22, 2020 00:40 (UTC+8), DOT3L and DOT3S leveraged ETF trading will be suspended. Users who have placed orders, please cancel the order in time, or the system will automatically cancel the order for you and return the relevant assets to your account.
5. On approximately August 22 at 00:40 (UTC+8) (block number 1,248,328), MXC will automatically complete the 1:100 redenomination of DOT tokens based on the progress of the DOT contract.
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.
6. Please pay attention to the follow-up announcement for the opening time of DOT spot trading, Polkadot Ecosystem Index, DOT claiming, deposit and withdrawal. Sorry for the inconvenience caused.
1. During the suspension of trading, because the real-time price of DOT cannot be obtained through a short quotation, the valuation of DOT may be incorrect, but your actual assets will not be affected. Users' assets will be displayed normally after the resumption of DOT trading, please wait patiently.
2. The specific redenomination time may be adjusted synchronously according to the release time of the Polkadot (Polkadot) project. If the specific time of the trading, deposit, and withdrawal functions is adjusted, it will be notified separately in the form of an announcement. Sorry for any inconvenience caused.
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Enjoying your trade on MXC.
The MXC team
August 21, 2020