KuCoin Will Support the Token Swap and Rebranding of Litentry (LIT) to Heima (HEI)
Dear KuCoin Users,
KuCoin will support the token swap and rebranding of Litentry (LIT) to Heima (HEI). The LIT to HEI tokens swap will automatically be completed for LIT holders on KuCoin.
The arrangements are as follows:
1. The deposit and withdrawal services for LIT will be closed at 3:30:00 on February 10, 2025 (UTC);
2. KuCoin will close the trading service for the LIT/USDT and LIT/BTC trading pairs at 03:00:00 on February 10, 2025 (UTC). We recommend that you cancel your pending orders of LIT as soon as possible.
3. To complete the swap, KuCoin will take snapshots of users’ LIT assets at 12:00:00 on February 10, 2025 (UTC). After the snapshot, we will convert the old LIT tokens to the new HEI tokens at a ratio of 1:1 (1 old LIT = 1 new HEI);
4. Deposit and withdrawal services of HEI tokens as well as the trading service for the HEI/USDT and HEI/BTC trading pairs will be opened after the swap is completed. We will notify users in a further announcement.
Please note:
1. The minimum holding for eligibility is 1.2 LIT;
2. The circulating supply of HEI will increase from 66M to 100M over 20 months;
3. The snapshots will include LIT balances in Spot accounts (Funding Account + Trading Account);
4. After the deposit, withdrawal and trading services for LIT closed, the LIT token will no longer be supported on KuCoin, Users who deposit LIT afterward, KuCoin will NOT be able to cover users’ losses;
5. After the deposit, withdrawal, and trading services for LIT are closed, the LIT token will NO longer be supported on KuCoin. For users who deposit LIT afterward, KuCoin will NOT be able to cover users’ losses.
For further information on the rebranding and token swap, please refer to:
Best regards,
The KuCoin Team
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