OKX X Layer to Discontinue Its Swap Product
In a latest announcement, OKX X Layer has communicated its resolution to discontinue the Swap product. The discontinuation will take impact from Might 30, 2024. The options of X Layer Swap, together with buying and selling, including liquidity, and eradicating liquidity, can be regularly suspended.
Upon the product’s discontinuation, functionalities similar to exchanging, eradicating liquidity, and accessing the transaction historical past throughout the Swap product will not be out there. Customers are suggested to take away any current liquidity through X Layer Swap earlier than the discontinuation date.
Implications for Customers
Customers are urged to take away liquidity previous to the discontinuation date. If liquidity isn’t eliminated throughout the specified timeframe, it might be taken as a forfeiture of the corresponding fairness.
Regardless of the discontinuation of the Swap product, OKX X Layer has expressed a heat welcome to extra group DEX deployments to repeatedly enrich the X Layer ecosystem.
A Phrase from OKX
The announcement was made by the OKX staff on Might 14, 2024. As one of many main crypto platforms, the staff assured customers of their dedication to offer safe and environment friendly providers.
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