{"id":3174,"date":"2022-11-13T21:06:23","date_gmt":"2022-11-13T13:06:23","guid":{"rendered":"https:\/\/www.picol.com\/blog\/?p=3174"},"modified":"2022-11-13T21:06:41","modified_gmt":"2022-11-13T13:06:41","slug":"picol-will-delist-ftt-related-leverage-tokens-and-arbitrage-will-delist-ftt-token-en","status":"publish","type":"post","link":"https:\/\/www.picol.com\/blog\/en\/picol-will-delist-ftt-related-leverage-tokens-and-arbitrage-will-delist-ftt-token-en\/","title":{"rendered":"Picol will delist FTT-related leverage tokens &#038; Arbitrage Will Delist FTT Token"},"content":{"rendered":"\n<p>Dear users,<\/p>\n\n\n\n<p>Due to the affection by the upstream FTT futures delisting issue, Picol will delist FTT-related leveraged tokens and arbitrage will delist FTT tokens\u00a0<strong>at 14:30 on November 13th, 2022 (UTC) .<\/strong><\/p>\n\n\n\n<p>Leveraged tokens:\u00a0<strong>FTT2S, FTT2L, FTT3S, FTT3L<br><\/strong>Arbitrage:\u00a0<strong>FTT<\/strong><\/p>\n\n\n\n<p><strong>Please note:<\/strong><\/p>\n\n\n\n<ul><li>FTT leverage tokens will be sold at the market price while delisting, and the converted USDT will be credited to the users&#8217; trade wallets within 5 working days.<\/li><li>Picol will automatically close the position of FTT Arbitrage orders\u00a0<strong>at 13:30 on November 13th, 2022 (UTC)<\/strong>. Users will not be able to create new Arbitrage orders, and it is recommended to manually close Spot-Futures Arbitrage Bot in advance. The loss caused by manually closing the bots will be compensated by Picol SAFU Program.<\/li><li>Picol will terminate the subscription function on FTT Lending\u00a0<strong>at 13:30 on November 13th, 2022 (UTC)<\/strong>. The subscribed FTT can be redeemed.\u00a0<\/li><li>All existing bot trading orders and manual orders trading on FTT2S, FTT2L, FTT3S, and FTT3L will be canceled and will be sold by the system automatically.<\/li><\/ul>\n\n\n\n<p>To ensure the legal rights and interests of Picol users, please ensure that you have properly processed the FTT-related leveraged tokens and Spot-Futures Arbitrage orders before delisting.\u00a0<\/p>\n\n\n\n<p><strong>Risk warning\uff1a<\/strong><\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>Thanks for your support!<\/p>\n\n\n\n<p>Picol Team<br>Nov 13th, 2022<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear users, Due to the affection by the upstream FTT fu &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.picol.com\/blog\/en\/picol-will-delist-ftt-related-leverage-tokens-and-arbitrage-will-delist-ftt-token-en\/\"> <span class=\"screen-reader-text\">Picol will delist FTT-related leverage tokens &#038; Arbitrage Will Delist FTT Token<\/span> \u67e5\u770b\u5168\u6587 &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/posts\/3174"}],"collection":[{"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/comments?post=3174"}],"version-history":[{"count":2,"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/posts\/3174\/revisions"}],"predecessor-version":[{"id":3176,"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/posts\/3174\/revisions\/3176"}],"wp:attachment":[{"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/media?parent=3174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/categories?post=3174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.picol.com\/blog\/wp-json\/wp\/v2\/tags?post=3174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}