CentG Token Liquidation Report
@centtoken/centg-token-liquidation-report
Hello dear Cent Community. An announcement regarding the liquidation of the CentG token was published a month ago. As of May 8, 00:01 UTC, we will completely stop supporting the token. We thought it would be appropriate to make a final announcement for CentG investors.
- You can send 1 or more CentG tokens to
account until the token is liquidated. You will receive 1 CentG = 3000 Cent tokens stake.
- If you wish, you can sell CentG tokens using the Cent/CentG liquidity pool. Wait if the value of CentG drops below the 2750 Cent price. We will provide the necessary liquidity to the pool until the liquidation time.
- We will stop our support for the CentG token after the liquidation period. CentG tokens sent after this liquidation period will not be taken into account. Reward distribution will be stopped in Cent/CentG and Hive/CentG Liquidity pools.
- The reward distribution process of some liquidity pools is ongoing. However, in these pools, CentG tokens are distributed as LP rewards. The value of these tokens will be calculated as of the liquidation period. And soon LP rewards equal to the value of these tokens will be added to liquidity pools.
- 500,000 Cent Tokens borrowed from
account due to liquidation procedures will be refunded. If there is any surplus from the Cent tokens produced for liquidation, all remaining tokens will be burned.
If you have some CentG tokens in your account or liquidity pools, please convert these tokens to Cent Tokens before the liquidation period. Under this content, we will mention about users who have 1 or more CentG tokens. Other than this, no announcement will be made. See you later.