AAX will support the Aave (LEND) token swap to AAVE, with the following timeline:
- At 16/10/2020 18:00 (HKT), AAX will suspend LEND deposit and withdrawal services. Please ensure that you leave sufficient time for your LEND deposits to be fully processed prior to this time.
- At 16/10/2020 18:00 (HKT), AAX will count the users coins and take a snapshot of all LEND balances.
- During 16/10/2020 – 19/10/2020, AAX will collect all LEND tokens from users.
- During 19/10/2020 – 20/10/2020, we will swap LEND to AAVE at a ratio of 100 LEND = 1 AAVE.
- On 20/10/2020, AAX will launch AAVE and distribute AAVE to all eligible users.
- On 20/10/2020, AAX will open trading for AAVE. Deposits and withdrawals for AAVE will also be opened.
- For further information on the token swap, please refer to the announcement.
Thanks for your support!