Binance will delist old COVER tokens and issue new COVER tokens to users at a 1:1 snapshot ratio
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According to BlockBeats, on December 29, Binance announced that after communicating with the COVER team, Binance will remove the old COVER tokens and distribute new COVER tokens to users at a 1:1 snapshot ratio. Since the COVER team has not determined the final snapshot time, but stated that the snapshot will be before the ETH block height 11541219 (16:11:16, December 28, 2020, Hong Kong time), Binance will make a separate announcement after the COVER team confirms it. In addition, the old COVER tokens will continue to be available for withdrawal; Binance will subsequently evaluate whether to open the new COVER token trading. |
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