KuCoin Will Support the Token Migration of POL (Proof of Liquidity) to KPOL

KuCoin Will Support the Token Migration of POL (Proof of Liquidity) to KPOL

10/23/2023, 03:00:53

Dear KuCoin Users,

KuCoin will support the migration of the POL token to the KPOL token. We will automatically complete the POL swap to KPOL for POL holders on KuCoin.

The arrangements are as follows:

1. The withdrawal and deposit services for POL will remain closed.

2. KuCoin Trading Bot will automatically stop the running bots of POL/USDT at 06:45:00 on October 25, 2023 (UTC), including Spot Grid, Infinity Grid, Martingale, DCA, and Smart Rebalance.

3. KuCoin will close the trading service for the POL/USDT trading pair at 07:00:00 October 25, 2023 (UTC). We recommend that you cancel your pending orders of POL as soon as possible.

4. To complete the migration, we will convert the POL to KPOL at a ratio of 1:1 (1 POL= 1 KPOL).

Related follow-ups to this subject will be announced separately as soon as possible.

Please note:

1. After the migration is completed, Please choose KPOL when operating the on-chain deposit to KuCoin, we will no longer support the POL (Proof of Liquidity) deposit to KuCoin.

2.The following unlocked POL reward generated from Kucoin Earn will be replaced by KPOL and distributed in accordance with the vesting rules.

Thanks for your support!

The KuCoin Team

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