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