BounceBit will launch CeDeFi V2 on November 11 and close V1 on November 4
CeDeFi infrastructure BounceBit announced the launch of CeDeFi V2 on November 11th. V1 will be closed on November 4th, and users need to complete any pending pledge/unpledge operations in V1 before November 4th. After November 11th, all user positions will be automatically migrated to V2. Early redemption in V2 will incur a 1% principal fee. BBTC delegated to validators on the BounceBit network and BBTC and BBUSD held in wallets are not affected.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MicroStrategy Buys $1.5B in Bitcoin, Raising BTC Holdings at 439K
The company's BTC holdings are now worth over $46.7 billion at current prices
Bitcoin Hit a New ATH Above $107K, as BTC ETFs Recorded 13 Consecutive Inflow Days
Since November 27, BTC ETFs recorded almost $6 billion in inflows, amidst rising institutional interest
AAVE drops below $360
An address made a profit of $87,000 by adding $6 PENGU and $1,100 SOL to the liquidity pool
Trending news
MoreCrypto prices
More
