Picol Will Support the QUICK(QuickSwap) Token Swap and Redenomination Plan

Dear users,

Picol will support the QUICK(QuickSwap) token swap and redenomination plan.

Timeline:

• Picol will suspend and delist the QUICK/USDT trading pair at 01:00 on July 17th, 2023 (UTC), and cancel all unfilled orders for QUICK spot transactions.
• At the same time QUICK/USDT is delisted, the bot orders will be canceled. After the orders are canceled, the QUICK positions will be retained and snapshot.
• The rebalancing bot orders containing QUICK assets will not be canceled when QUICK/USDT is delisted. The QUICK positions will be released to the trading account and taken a snapshot.
• After the token replacement is completed, the trading opening time of the new token (QuickSwap) will be announced separately;

Replacement information:

• After QUICK/USDT is delisted, Picol will take a snapshot of users holding QUICK positions, and before opening QUICK/USDT spot trading, distribute  QUICK(QuickSwap) to qualified users according to the ratio of 1 QUICK (old) : 1,000 QUICK (new).
• Old QuickSwap (QUICKOLD) smart contract addresses: 
  • Ethereum (ERC20): 0x6c28AeF8977c9B773996d0e8376d2EE379446F2f
  • Polygon: 0x831753DD7087CaC61aB5644b308642cc1c33Dc13
• New QuickSwap (QUICK) smart contract addresses: 
  • Ethereum (ERC20): 0xd2bA23dE8a19316A638dc1e7a9ADdA1d74233368
  • Polygon: 0xB5C064F955D8e7F38fE0460C556a72987494eE17

Related Links:

• Should QuickSwap Do a Token Split to Make QUICK More Appealing?
• Should QuickSwap Split QUICK by 1:100 or 1:1,000?
• How to Convert Your Old QUICK to New QUICK
• QUICK Swap Portal

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 to Picol!

 Picol team

July 14th, 2023