Dear BloFin Users,
According to the latest Dar to D Migration Announcement, BloFin will support the Mines of Dalarnia (DAR) token swap and rebranding to Dar Open Network (D). Details are as follows:
- Token Swap
All DAR tokens will be swapped to D at a ratio of 1 DAR = 1 D.
- Deposits and Withdrawals
1. Deposits and withdrawals of DAR tokens will be suspended at 03:30 (UTC) on Jan 03, 2025. Please make sure to leave enough time before this time to fully process your DAR token deposit.
2. BloFin will make a separate announcement after the swap is completed to notify users when deposits and withdrawals of D tokens will be opened.
3. After the swap is complete, withdrawals of DAR tokens will no longer be supported.
- Spot Trading
1. BloFin will delist and cease trading on all spot trading pairs for DAR at 03:00 (UTC) on Jan 03, 2025.
2. All trade orders will be automatically removed after trading ceases in each respective trading pair.
3. Users are strongly advised to complete or cancel their Spot Trading prior to 2025-01-03, 03:00 (UTC) to avoid potential losses.
4. BloFin will make a separate announcement after the swap is completed to notify users when the D Spot trading will be opened.
- Futures Trading
1. Users are not allowed to open new positions for the aforementioned contracts starting from this announcement. Reduce-only orders for closing positions are supported.
2. BloFin will delist the DARUSDT Perpetual Contract Perpetual Contract at 07:00 (UTC) on Dec 26, 2024, and all active and conditional orders for the DARUSDT Perpetual Contract will be canceled at that time.
3. BloFin Futures will close all positions and conduct an automatic settlement on the DARUSDT Perpetual Contract at 2024-12-26, 07:00 (UTC).
Please note:
- This delisting only affects BloFin contract products (including contract copy trading).
- The aforementioned contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.
- To safeguard users and mitigate potential risks in highly volatile market conditions, BloFin Futures may undertake additional protective measures for the aforementioned contracts without prior notice, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier; updating funding rates (such as the interest rate and capped funding rate); changing the constituents of the price index, and updating the Mark Price with the Last Price Protected mechanism.
Thanks for your support and understanding!
BloFin Team
Dec 19, 2024