Dear users,
Picol will periodically review each digital asset we list to ensure that it keeps the high standard level we expect. When a coin or token no longer meets this standard or the industry changes, we conduct a more in-depth review and potentially delist it.
When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a token or coin:
- The commitment of the team to the project
- Level and quality of development activity
- Trading volume and liquidity
- Stability and safety of network from attacks
- Network / smart contract stability
- Evidence of unethical/fraudulent conduct or negligence
According to the above factors, we will delist and cease trading on the following token at 08:00 on June 4th, 2023 (UTC):
- SEELE (Seele-N)
Please note
- Delisting pairs: SEELE/USDT
- At the same time as the above-mentioned trading pairs are delisted, the bot orders and manual orders of the corresponding trading pairs will be canceled. The orders containing SEELE assets in the rebalancing bot will not be canceled, and the SEELE positions in the rebalancing bot orders will be released
- Due to the Mainnet factors of the above-mentioned tokens, Picol will be unable to support the withdrawal features with the relevant tokens. The SEELE positions will be sold at the market price simultaneously when they are delisted, and the basic tokens will be reissued to the users’ holding accounts. If you are worried about price fluctuations, closing the bot in advance or selling them manually is recommended.
Risk warning:
Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously. Though Picol will make its best efforts to choose high-quality assets, Picol could not assure any profit and will not be responsible for your trading loss.
Thanks for your support!
Picol Team
June 2nd, 2023