📢 Important Announcement: Selected Liquidity Pools Removal on Binance Liquid Swap (2024-01-05)
In a recent update, Binance Liquid Swap is set to remove specific liquidity pools on January 5, 2024, at 04:00 (UTC). The decision is part of Binance's ongoing efforts to optimize the trading experience by concentrating liquidity, minimizing slippage, and enhancing transaction prices.
The affected liquidity pools include ADA/BTC, BNB/USDT, BTC/USDT, DOGE/BTC, DOGE/USDT, ETH/USDT, LINK/BTC, SHIB/USDT, USDT/DAI, and XRP/USDT. Users holding positions in these pools will automatically receive their deposited assets in their Spot wallets on January 5, 2024.
Key Information:
The removal of these pools does not impact trading of corresponding pairs on Binance Spot.
Trading remains unaffected on other available liquidity pools in Binance Liquid Swap.
Users cannot add liquidity to the listed pools after January 1, 2024.
Asset redemption from these pools is possible until January 5, 2024, after which automatic redemption occurs based on prevailing composition ratios.
For a detailed understanding of changes in Liquid Swap positions' composition ratios, users are encouraged to refer to the provided FAQ. It's crucial to note that translated versions may have discrepancies; the original English version holds the most accurate information.
The community's understanding and support during this process are highly appreciated.