According to the official plan of YAM Finance, YAMV2 will be swapped YAM in the ratio of 1:2.5. AOFEX will support this migration, and the details are as follows:
- At 9:00, February 4 (GMT+8), AOFEX will suspend the deposit and withdrawal of YAMV2. Please deposit before that time and AOFEX will solve all technical problems for users;
- At 10:00, February 4 (GMT+8), AOFEX will close YAMV2/AQ, YAMV2/USDT trading pairs. Users holding YAMV2 assets are requested to cancel the order in time before the transaction is closed. The system will automatically cancel the order at the specified time node and return the relevant assets to the currency account (users can query through "user center - account assets"). After closing the trading pairs, users can migrate YAMV2 into YAM according to the proportion of "1 YAMV2 = 2.5 YAM"; YAMV2/AQ, YAMV2/USDT trading pairs will not be displayed after migration.
- At 12:00, February 9 (GMT+8), deposits and withdrawals of YAM will be opened, the spot trading (YAM/AQ, YAM/USDT) will be available.
After the trading is closed, the real-time price of YAMV2 cannot be obtained on the market, so the YAMV2 valuation will not be displayed (the total assets of C2C account does not include YAMV2), and your actual assets will not be affected.
Digital asset is a high-risk investment product featuring by wild fluctuation, round the clock trading and so on. We highly recommend that users involve and invest very carefully after understanding the rules and risks. It is highly necessary to be aware of the risks by considering the experience and tolerance.
Thanks for your support!
February 3, 2021