It means we’re disabling new orders and cancelling existing orders for all UST and RGT pairs. Withdrawals and deposits, however, will remain enabled after the deadline.
We have taken every step to notify users who held either of the tokens. We also encourage you to check your portfolio in your dashboard or the Qovex app.
You’re probably aware of the Terra (LUNA) collapse of early May, 2022, which saw the token’s price plummet to an all-new low, with its partner stablecoin, TerraUSD (UST), losing its dollar peg. Since UST is an algorithmic stablecoin which uses its partner coin LUNA to maintain its value, and not a fiat currency, the balancing mechanism failed. That made UST far too volatile to keep on our exchange. By disabling UST trading pairs, we’re protecting your best interests.
Rari Governance Token (RGT) is merging with Tribe (TRIBE) and for the time being we will not be supporting TRIBE due to technical reasons, which means we must cease support of RGT on our exchange. That doesn’t mean we won’t be supporting it in the future, so stay tuned.
You’ll still be able to withdraw the tokens by transferring them to an address that supports them, either to your personal wallet or to another exchange.
No, selling them on Qovex after June 22, 2022, will be disabled, you’ll only be able to withdraw the tokens. If you wish to sell your tokens on Qovex, you must do so before the deadline.
Yes, your entire trading history of UST and RGT pairs will remain visible.