Dear BloFin Users,
According to the project Announcement, BloFin will support the Litentry (LIT) token swap and rebranding to Heima (HEI). Details are as follows:
- Token Swap
All LIT tokens will be swapped to HEI at a ratio of 1 LIT = 1 HEI.
LIT tokens will assume the ticker of HEI on BloFin.
- Deposits and Withdrawals
1. Deposits and withdrawals of LIT tokens will be suspended at 03:30 (UTC) on Feb 09, 2025. Please make sure to leave enough time before this time to fully process your LIT token deposit.
2. Deposits of HEI tokens will be opened at 09:00 (UTC) on Feb 13, 2025.
3. Withdrawals of HEI tokens will be opened at 10:00 (UTC) on Feb 14, 2025.
3. After the swap is complete, deposits and withdrawals of LIT tokens will NO longer be supported.
- Spot Trading
1. BloFin will delist and cease trading on all spot trading pairs for LIT at 03:00 (UTC) on Feb 09, 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 2025-02-09, 03:00 (UTC) to avoid potential losses.
4. BloFin will open trading for the HEI/USDT trading pair at 10:00 (UTC) on Feb 13, 2025.
- 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 LITUSDT Perpetual Contract at 07:00 (UTC) on Jan 31, 2025, and all active and conditional orders for the LITUSDT Perpetual Contract will be canceled at that time.
3. BloFin Futures will close all positions and conduct an automatic settlement on the LITUSDT Perpetual Contract at 2025-01-31, 07:00 (UTC).
Please note:
1. 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.
2. 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.
For more information about this event, please refer to: Litentry Rebranding: Introducing $HEI and Updated Smart Contracts
Thanks for your support and understanding!
BloFin Team
Jan 22, 2025