Dear Poloniex Users,
Due to the FTX incident, Poloniex observed that the price of leveraged ETF tokens issued by FTX depegged from the corresponding tokens, resulting in a sharp decrease in liquidity, and there is a great transaction risk. Such situations have seriously affected the transactions and interests of users of Poloniex.
In order to protect the interests of Poloniex users, Poloniex has been actively communicating with FTX, urging FTX to restore token liquidity and pegging as soon as possible. If there is any progress, we will make an announcement as soon as possible.
Affected leveraged ETF tokens are: BEAR, BULL, ETHBEAR, ETHBULL, ADABEAR、ADABULL, LTCBEAR, LTCBULL, XLMBEAR, XLMBULL, BCHBEAR, BCHBULL, BSVBEAR、BSVBULL, TRXBEAR, TRXBULL, XRPBEAR, XRPBULL, EOSBEAR, EOSBULL, LINKBEAR, LINKBULL, BVOL, and IBVOL.
Thank you for your continued support of Poloniex and we will continue to protect the rights and interests of users!
November 11, 2022
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