Shentu(CTK) Binance Will Support the Shentu (CTK) Network Upgrade

Binance will support the Shentu (CTK) network upgrade.

• The Shentu (CTK) network upgrade will take place at the block height of 8,705,500, or approximately at 2022-07-07 06:00 (UTC). Deposits and withdrawals of CTK will be suspended starting from approximately 2022-07-07 05:00 (UTC).

Please note:

• The Shentu (CTK) network upgrade will modify the block rewards distributed to its insurance module to increase liquidity.
• The trading of CTK will not be affected during the upgrade.
• The Shentu (CTK) network upgrade will take place at the block height of 8,705,500. The estimated time is for users’ reference only.
• Binance will handle all technical requirements involved for all users holding CTK in their Binance accounts.
• We will reopen deposits and withdrawals for CTK once we deem the upgraded network to be stable, and we will not notify users in a further announcement.

For more information on the network upgrade, please refer to the following:

• ShentuChain Release v2.4.0
• Shield-V2 (v2.4.0) Upgrade Proposal
• ShentuChain Shentu-2.2