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THE:Ongoing Spot Campaigns_ING

Author:

Time:1900/1/1 0:00:00

DearKuCoinUsers,

Ethereum’sProof-of-Work(PoW)chainwillmigratetotheProof-of-Stake(PoS)chainuponhittingtheTerminalTotalDifficulty(TTD)valueof58750000000000000000000.KuCoinwillsupportEthereumProof-of-Work(POW)mergetoProof-of-Stake(POS).

Theconsensuslayer’supgrade(Bellatrix)isscheduledforepoch144,896ontheBeaconChainat11:34:47onSeptember6,2022(UTC).

Theexecutionlayer'supgrade(Paris)isexpectedtooccurbetweenSeptember10-20,2022.TheexactdateatwhichTTDisreacheddependsontheproof-of-workhashrate.ThecurrentestimationliesattheETHmainnetblockheightof15,540,293,orapproximatelyat2022-09-1415:51:02(UTC).

Asanewtokenmightbecreatedduringahardfork,KuCoinhastakenthefollowingstepstomaintainthesafetyofuserfunds.

Smoothie完成120萬美元融資,LongHash Ventures參投:9月20日消息,Web3代幣化獎勵協議Smoothie完成120萬美元融資,LongHash Ventures、Youbi Capital、Ghaf Capital Partners、CyberConnect、King River Capital、Stateless Ventures、Sneaky Ventures、Hive Hatch等參投,所籌資金將用于產品和增長。[2022/9/20 7:07:51]

Thearrangementsareasfollows:

1.ETHDeposits&Withdrawals

KuCoinwillsuspendthedepositandwithdrawalforETHandERC-20tokensatapproximately:

11:00onSeptember6,2022(UTC)fortheBellatrixconsensuslayerupgrade15:51onSeptember14,2022(UTC)fortheParisexecutionlayerupgradeTheactualtimetosuspendthedepositandwithdrawalwillbeannouncedseparately.

2.RegardingtheMerge

ThetwolikelyscenariostooccurwiththeEthereum(ETH)Mergeare:

Longhash:百度上狗狗幣搜索量達2017年牛市的10倍:2月9日,Longhash發推稱:“狗狗幣熱潮已經蔓延到了中國。在埃隆·馬斯克的推文之后,狗狗幣在百度上的搜索量達到了歷史最高水平,是2017年牛市的10倍。”[2021/2/10 19:22:18]

ScenarioA:

Nonewtokeniscreated.KuCoinwillthenreopendepositsandwithdrawalsforETHandERC-20tokensassoonaspossible.Afurtherannouncementwillbeposted.

ScenarioB:

Thechainsplitsintotwocompetingchains,creatinganewtoken.The“ETH”tickerwillbeusedfortheEthereumPoSchain.KuCoinwillairdropthenewforkedtokentotheusersbasedonthesnapshotofETHbalancesbeforetheParisexecutionlayerupgradeandwillsupportwithdrawalsfortheforkedtoken.Thedetailsrelatedtothisairdropwillbeannouncedseparatelyassoonaspossible.

3.ETHandERC-20TokensSpot&MarginTrading

紐約法院拒絕對Longfin案判決進行修改:金色財經報道,6月19日,加密貨幣公司Longfin Corporation的顧問Andy Altahawi向紐約法院提交了即時動議,要求修改該公司案件的判決。此前在2019年10月,Longfin因涉嫌欺詐被SEC判處670萬美元罰款。今年1月,Longfin首席執行官同意以40萬美元就SEC對該公司的指控達成和解。Longfin試圖對判決添加措辭,以表明他向SEC的付款是歸還財產,而不是違法,因此他可以避免支付“數百萬美元的資本利得稅”。根據法官于7月21日簽署的意見與命令,其修改判決的申請被拒絕。[2020/7/22]

Spottrading:SpottradingforETHandERC-20tokenswillnotbeaffected.KuCoinremindsyoutotakesufficientriskmeasuresaspricevolatilityisoftenhighduringcontentioushardforks.

Margintrading:

1.TradingforETHCrossandIsolatedMarginpairswillnotbeaffected.

2.KuCoinwillsuspendlendingandborrowingservicesofETHbeforetheMerge.

IfyouhaveanyoutstandingETHloansatthetimeofthesnapshot,youwillhavetoreturntheforkedtokens,regardlessofbeinglistedonKucoin.Therefore,itisrecommendedthatyourepayyourETHloansinadvance!

Jimmy Song:法定貨幣就是債務 比特幣是一種替代方案:比特幣核心開發者Jimmy Song在推特上表示,在當前的法幣體系下的貸款償還是由更大的貸款提供資金的。這就是貨幣不斷擴張的方式,有時緩慢,有時快速,但總是在擴張。換句話說,法定貨幣就是債務。比特幣是一種替代方案。(U.Today)[2020/5/17]

Toprotectthefairnessoftradingandusers'interest,ifyoufailtorepaytheforkedtokensintime,KuCoinreservestherighttosettletheoutstandingbalanceregardingtheforkedtokensunderyourmarginaccountwiththelatestmarketpriceandreturntheforkedtokens.

3.Ifthereisanyrelevantupdate,itwillbenotifiedseparatelyintheformofanannouncement.

4.ETHLeveragedTokens–ETH3L,ETH3S

ThetradingofETH3L/USDTandETH3S/USDTtradingpairswillnotbeaffected.

Duringthemergeperiod,KuCoinreservestherighttosuspendthetrade,subscription,andredemptionofETH3LandETH3S.

聲音 | Lee Myeongcheol: 如果所有資產通證化,將促進市場規模巨大增長:據布洛克科技報道,由BLOCK GLOBAL, Dconference,Coinin主辦的2019區塊鏈投資者峰會于4月30日在韓國首爾舉行。Lee Myeongcheol在會上表示:由于流動性,產權細分,低成本等原因,機構投資者等新挑戰者不斷增加對數字資產的投資, 目前數字資產相關金融市場的競爭變得越來越激烈。他強調了在數字資產金融服務階段保管數字資產的重要性,并表示如果所有資產通證化,將促進市場規模巨大增長。此外,他指出政府的監管對行業非常重要,IBM提供的Secure Service Containers是目前市場級別最高的服務。[2019/4/30]

KuCoinremindsyoutotakesufficientriskmeasuresaspricevolatilityisoftenhighduringcontentioushardforks.

5.ETHFuturesTrading

BothUSDT-marginedandCOIN-marginedETHcontractswillnotbeinfluenced.Toprotectusers’rightsandinterests,KuCoinwillmakeanextrariskcontroloverETHcontractsduringtheupgrade.Involvedadjustmentsincludebutarenotlimitedto:maxleverage,positionsizelimit,maintenancemargin,andpriceindexconstituents.Foranychangesontheadjustments,relatedfollow-upstothissubjectwillbeannouncedseparatelyassoonaspossible.Ifanewtokeniscreatedafterthehardfork,userswhoholdETHintheirFuturesAccountsbeforethehardforkwillreceiveanairdropofthenewtoken.Ifthereareanychangestotheunderlyingassetsofthecontracts,KuCoinwillprovidefurtherinformationinthefollowingannouncement.KuCoinremindsyoutotakesufficientriskmeasuresaspricevolatilityisoftenhighduringcontentioushardforks.

6.KuCoinConvert

ETHConvertwillnotbeaffected.

7.KuCoinPool

AftertheMerge,KuCoinPoolwilldelisttheETHminingservice.UsersoftheETHPoolcantransfertheirhashratetotheETCPool.

8.KuCoinTradingBot

ETHtradingonTradingBotwillnotbeaffected.Inthecaseofanewtokenbeingcreated,KuCoinwillsnapshotthetradingbotaccountandairdropthenewtokenstotheSpotaccount(Mainaccount),

9.KuCoinEarn

KuCoinEarnwillnotbeaffected.However,inthecaseofanewtokenbeingcreated,KuCoinwillsnapshottheearnaccountandairdropthenewtokenstothespottradingaccount.

ForConvertETH2,yourETH2stakingrewardswillbedistributedregularly.However,intheeventofScenarioB,ETH2holdersmayormaynotreceivepotentialairdropsfromtheforkedchain,dependingonhowtheforkedchainhandlesETH2.0depositingcontracts.Thedetailsrelatedtothisairdropwillbeannouncedseparatelyassoonaspossibleifneeded.

PleaseNote:

1.Tokensinpendingdepositorwithdrawalatthetimeofthesnapshotswillnotcounttowardsyourbalance.KuCoinwilltaketheactualassetsinusers’accountsasthesnapshotfordistribution.

2.ThesnapshotrecordshaveincludedbalancesinTrading/Margin/TradingBot/Futures/FinancialAccount.Therefore,ifthechainsplitsintotwocompetingchainsandanewtokeniscreated,thenewtokenwillbedistributedtoqualifiedSpotaccountsofusers.

3.TheParisexecutionlayerupgradeisestimatedtotakeplaceattheETHmainnetblockheightof15,540,293.Theestimatedtimeisforusers’referenceonly;theactualtimeforthemergeisbasedontheannouncementfromEthereum.

Forfurtherinformation,pleaserefertothefollowing:

TheMerge

MainnetMergeAnnouncement

Thankyouforyoursupport!TheKuCoinTeam

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