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      MEXC Will Support the TerraUSD (UST) Contract Swap

      Dear users,

      MEXC will support a contract swap of UST (Shuttle) for UST (Wormhole) with the following timeline:

      • Deposits and withdrawals of UST (Shuttle) via Ethereum network (ERC20) and Terra network (LUNA) will be suspended on 2022-05-09 at 02:00 (UTC). Please ensure that you leave sufficient time for your UST (Shuttle) deposits to be fully processed prior to this time. UST (Shuttle) deposits made after this time will not be credited to your account.
      • Spot and Margin trading for UST, as well as the Convert function and relevant services on DeFi staking for UST, will not be affected during the contract swap.
      • MEXC will handle all technical requirements involved for all users holding UST in their MEXC accounts.
      • After the contract swap, UST (Shuttle) will be renamed WUST, and UST (Wormhole) will use the UST ticker with the same logo.
      • A separate announcement will be made once the UST (Shuttle) contract swap for UST (Wormhole) is completed, and deposits and withdrawals of UST via Ethereum network (ERC20), BNB Smart Chain (BEP20) and Polygon network are opened.
      • Deposits of WUST will no longer be supported while withdrawals of WUST will remain supported.

      Notes:

      • New UST (Wormhole) BEP20 smart contract address:
        0x3d4350cD54aeF9f9b2C29435e0fa809957B3F30a
      • New UST (Wormhole) ERC20 smart contract address:
        0xa693B19d2931d498c5B318dF961919BB4aee87a5
      • New UST (Wormhole) Polygon smart contract address:
        0xE6469Ba6D2fD6130788E0eA9C0a0515900563b59

      For further information, please refer to the following:

      • Wormhole V2 for Terra — The UI Walkthrough

      Risk Warning

      Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading with no malicious intent. We are committed to providing users with safer, more efficient, and more reliable digital assets trading.

      Find us on:

      Medium: https://medium.com/mexcglobal

      Telegram: https://t.me/MEXCEnglish

      MEXC trading: https://t.me/MEXCTradeofficial

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      Facebook: https://www.facebook.com/mexcglobal

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      Instagram: https://www.instagram.com/mexcglobal/

      Refer a friend to enjoy a high rebate; create your personalized invitation link today: https://www.MEXC.com/invite  

      Buy USDT Instantly here: https://otc.mexc.com/

      Enjoy trading on MEXC.

      The MEXC Team

      4 May 2022

      Read the original article at mexc

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