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Bitfinex to support Stargate Finance (STG) contract swap

BITFINEX

Jenis terkait: Others

2023-03-07 23:05

We are pleased to announce that Bitfinex intends to support the contract swap of Stargate Finance that is expected to take place on 15/03/2023. The proposed re-issuance of STG is aimed at reducing the risk of illegitimate STG transfers from potentially compromised wallets. We intend to suspend STG token deposits and withdrawals on 13/03/2023 at 3:00 PM UTC. Resumption of STG deposits and withdrawals will resume on the new contract once the contract swap operations are concluded. Trading will not be affected during this time. Customers will be informed once STG deposits and withdrawals resume. Please note that Bitfinex supports STG on the Ethereum network only. The new ERC-20 contract is available here. You can find here more information on the STG contract swap and their user FAQs. Forward-Looking Statements. Certain statements in this announcement may be forward looking in nature. The words "believe," "expect," "estimate," "could," "should," "intend," "may," "plan," "seek," "anticipate," "project" and similar expressions among others, generally identify "forward-looking statements," which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. None of Bitfinex nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.