Aave (LEND) Token Swap to AAVE Will Be Supported on Pionex

Pionex will support the Aave (LEND) token swap to AAVE, with the following timeline:

LEND Leveraged Tokens

1. At 2020/10/09 10:00 AM (UTC), Pionex will conduct an automatic settlement on all the LEND leveraged tokens.
2. New AAVE leveraged tokens will be listed after 2020/10/16 at 7:00 AM (UTC). Listed time to be announced.

LEND Token

1. At 2020/10/12 1:00 AM (UTC), we will halt trading in all LEND trading pairs, and the trading pairs will also subsequently be delisted from the exchange. We will then take an immediate snapshot of all LEND balances and begin the distribution of AAVE to all eligible users at a ratio of 100 LEND = 1 AAVE.
2. At 2020/10/15 6:00 AM (UTC), we will open trading for the following trading pairs: AAVE/BTC, AAVE/USDT.  Deposits and withdrawals will also be opened at this time.

Notice

All your bots with the LEND token and leveraged tokens will be canceled under this token swap event. Please cancel the bot by yourself, or we'll cancel it for you according to the above timeline.

Thank you for your support.

Pionex Team

2020/10/05