Nami Exchange supports the token swap of Stratis (STRAX)

Dear Nami Community,

As latest announcement from partner Binance, Nami Exchange would like to announce the support and schedule of Stratis (STRAX) token swap, details as described below:

1. Futures trading on Nami Futures and NAO Futures:

  • At 2024-03-15 08:30 (UTC), Nami will suspend trading for the STRAX/USDT, STRAX/VNST and STRAX/VNDC. Please note that users are allowed to close any existing positions after this time.
  • At 2024-03-15 09:00 (UTC), Nami will close all positions, conduct an automatic settlement and cancel all pending orders on the STRAX/USDT, STRAX/VNST and STRAX/VNDC, and delist those contracts after the settlement is complete. Users are advised to close any open positions prior to 2024-03-15 09:00 (UTC) to avoid automatic settlement.

2. Spot and Swap trading on Nami Exchange

  • At 2024-03-20 03:00 (UTC), Nami Exchange will suspend and delist all STRAX/USDT, STRAX/VNST and STRAX/VNDC spot and swap trading pairs and cancel all pending spot trade orders.
  • At 2024-03-20 03:30 (UTC), deposits and withdrawals of old STRAX will be suspended. Please ensure that you leave sufficient time for your STRAX deposits to be fully processed prior to this time.

3. Nami Earn

At 2024-03-19 01:00 (UTC), Nami Earn will cease support for STRAX Earn Pools, and subscriptions will no longer be available. For existing subscriptions, STRAX balances will be automatically redeemed and credited to users’ Spot Wallets after 2024-03-19 04:00 (UTC). Users may also choose to redeem their assets from STRAX Nami Earn Pools anytime before 2024-03-19 04:00 (UTC).

4. Nami Lending

At 2024-03-18 03:00 (UTC), Nami Lending will close all outstanding loan positions for STRAX. Users are strongly advised to repay their outstanding loans before 2023-03-18 03:00 (UTC) to avoid any potential losses, where applicable.

5. Conversion's schedule and rate:

  • After the time listed above, Nami Exchange will recover all old STRAX balances, and begin the distribution of new STRAX to all eligible users at a ratio of 1 old STRAX = 10 new STRAX.
  • At 2024-03-28 08:00 (UTC), trading will open for new STRAX/USDT, STRAX/VNST and STRAX/VNDC spot and swap trading pairs.
  • In addition, to provide users with a better trading experience, Nami will remove the old candlestick charts for STRAX trading pairs on the spot trading page, effective from 2024-03-28 08:00 (UTC)
  • Deposits and Withdrawals with new STRAX open time will be updated later on this announcement.

More information:

Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.

About Nami Exchange

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