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
Recapping the Fed flip-flop of 2024
Over one year it felt like we’ve been through five different versions of the Fed
CEO Tether Shares Plans for Real-World Use Cases for BTC and USDT
Greece Seizes 273,000 USDT in Landmark Cryptocurrency Crackdown
Montenegro Clears Way for Do Kwon’s Extradition, Likely to the US
Trending news
MoreCrypto prices
More
