Dear Traders,

Phemex supports the swap & rebranding of Mines of Dalarnia (DAR) to Dar Open Network (D) and will take the deposit, withdrawal, and trading services for Mines of Dalarnia (DAR) offline, including spot trading. Phemex will issue a separate announcement about the launch of the rebranded Dar Open Network once the exact schedule has been determined.

Token Swap and Rebranding

• DAR tokens will assume the ticker of D tokens on Phemex. 
• All DAR tokens will be swapped to D at a ratio of 1 DAR = 1 D. 

Here is the offline schedule: 

Spot Delisting

• 10:00 UTC on December 26, 2024 – The DAR Deposit and Withdrawal will be closed and the DAR/USDT pair will be delisted from the Phemex spot market. All pending trade orders will be automatically removed after the delisting time. Any withdrawal requirements after this timestamp should be submitted to our CS team at support@phemex.zendesk.com for further help.

Thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

The Phemex Team