Flash News: OKX Announces Support for Velodrome Token Migration
News provided byOKX
Sep 18, 2023, 2:55 AM ET
DUBAI, United Arab Emirates, Sept. 18, 2023 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for September 18, 2023.
OKX Announces Support for Velodrome Token Migration
OKX today announced its support for the Velodrome token migration from V1 to V2. This migration will occur at a 1:1 ratio, ensuring the most seamless transition for Velodrome token holders. To learn more about Velodrome's migration from V1 to V2, click here.
As part of the migration process, Velodrome token deposits and withdrawals will be temporarily disabled starting at 06:00 UTC on September 18. Velodrome trading on OKX will not be affected during this period. After the token migration is complete, Velodrome token deposits and withdrawals will be re-enabled.
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As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
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