Hydranet - WB Ticker UpdateX/Twitter: https://x.com/TheHydranet/status/1803735223932174463Important Announcement:Temporary Ticker hidden from WhiteBit token list
Hydranet Community,
We are informing you about an important decision regarding our listing on WhiteBit.
Due to financial obligations for an appropriate Web Dex release and marketing requirements, we have decided to hide our ticker from the list on WhiteBit.
This measure is essential to maintain our good standing with WhiteBit and preserve our relationship. Reactivating our public visibility on the exchange will occur during marketing or shortly after.
Key Points:Withdrawal and Deposit Availability:
Users will still be able to withdraw and deposit their tokens at any time. Currently, there are close to 10 million HDN sitting on WhiteBit.
Holders can withdraw their tokens to self-custody on-chain addresses to help boost on-chain metrics if they wish to help in that aspect.
Trading Continuity:
We want to assure our users that despite the temporary change, you will still be able to trade HDN using the direct link provided by WhiteBit via email. Liquidity from the Hydranet Dao will be reduced during this time. This adjustment lowers our financial requirements while maintaining the trading functionality.
Strategic Reallocation:
Instead of supporting liquidity and volume requirements on WhiteBit, we will be pausing our financial obligations.
This will allow us to better support our liquidity where it's most beneficial for the project.
Future Plans:
We want to reiterate that our relationship with WhiteBit remains strong and positive.
This is not the end of our listing but a temporary pause to better manage our financial commitments and ensure we have sufficient funds for marketing and Web DEX development.
We are committed to returning to the WhiteBit list in the future with increased liquidity, and we are grateful for your patience and support during this temporary phase.
We appreciate your understanding as we make these adjustments. Our goal is to strengthen our presence where it matters most and ensure the long-term success of our community and project.
The HDN token will be hidden from public listing on Friday, June 21st, 2024, at 1100 CET.
WhiteBit will email the link to the platform's users.