Namaste Tribe!
WazirX will support the RAMP (RAMP) token swap, redenomination and rebranding plan to LeverFi (LEVER).
Timeline:
- WazirX will delist all existing RAMP trading pairs (RAMP/USDT) and cancel all pending RAMP trade orders on 4th July 2022 at 09:00 AM IST.
- Binance transfers of RAMP will be suspended on 4th July 2022 at 09:00 AM IST.
Please ensure that you leave sufficient time for your RAMP deposits to be fully processed prior to this time.
- Trading will open for LEVER/USDT on 14th July 2022 at 09:00 AM IST.
Details of Token Swap:
- WazirX will recover all RAMP balances, and begin the distribution of LEVER to all eligible users at a ratio of 1 RAMP = 35 LEVER before trading for LEVER/USDT is open.
- WazirX will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of LEVER will be opened.
- The ownership percentage of existing RAMP holders will not be diluted with the token swap, as there will be no minting of additional tokens.
- The maximum token supply of LEVER will be 35 billion, with the same token emission schedule as RAMP.
- New LEVER (ERC-20) contract address:
0x4B5f49487ea7B3609b1aD05459BE420548789f1f
For further information, please refer:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that WazirX is not responsible for your trading losses.
WazirX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.