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Announcements > News > Updates on the Metal DAO (MTL) Mainnet Swap >

Updates on the Metal DAO (MTL) Mainnet Swap

Author: Silvia Date: 2024-07-01 05:23:28

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Dear Traders,

We are pleased to inform you that Phemex will complete the Metal DAO (MTL) mainnet swap on July 1st, at 10:00 UTC. Following the swap, deposits and withdrawals will be resumed. 

Please take note of the following:

  • The swap will be executed at a ratio of 1 old MTL to 1 new MTL. 
  • Post-swap, deposits and withdrawals of old MTL tokens via the Ethereum network (ERC20) will be discontinued.



Happy Trading!

The Phemex Team

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