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Bitfinex to Support Dora Factory (DORA) Token Swap and Redenomination

BITFINEX

Related type: Others

2023-08-31 16:01

We're pleased to announce that Bitfinex will support the upcoming Dora Factory token swap and redenomination, which the DORA Factory project announced is expected to take place on 06/09/2023. Trading, deposits, and withdrawals of DORA are expected to be paused on 05/09/2023 at 04:00 PM UTC. As all open orders will be cancelled at that time, customers are reminded to close their DORA orders before this date. Bitfinex intends to replace the old DORA tokens with the new DORA tokens. Bitfinex customers are expected to receive 100 new DORA tokens for every one old DORA token held in their Bitfinex Account at the time of the snapshot. The DORA Factory project has set the "snapshot" on 06/09/2023 at around 11:00 AM UTC. Our customers do not need to take further action except that, if you do not wish to have your old DORA tokens replaced with the new DORA tokens, you must withdraw your old DORA tokens prior to the start of Bitfinex's pause on withdrawals. The DORA Factory has provided the following information: DORA ERC-20 Contract Address : 0xbc4171f45EF0EF66E76F979dF021a34B46DCc81d. DORA ERC-20 Contract Address : 0x70b790d0948a760e80bc3f892b142F7779b538B2. After the token swap is complete, customers will have access only to the new DORA tokens and will no longer have access to the old DORA tokens. Customers are advised to deposit only new DORA tokens. Any deposits of old DORA tokens will be lost and not recoverable. Bitfinex intends to provide updates regarding whether and when we will open trading and deposits of the new DORA token and when we will open withdrawals of the new DORA token in a subsequent announcement. Please refer to our further social media announcements on the resumption time of these services. For more information on the DORA Factory project's planned swap, please see updates from DORA Factory here: https://twitter.com/DoraFactory/status/1694996113059942646. 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.