DigiFinex will launch Futures Token DBLAST(BLAST's Futures Token, IOU Token).
BLAST(https://blast.io/en/about) is an eye-catching token which recently achieved a TVL (Total Value Locked) of up to 500 million in just five days, leading by a large margin in the history of DeFi and Layer2 in terms of growth rate.
Additionally, DigiFinex will promptly exchange DBLAST for BLAST once upon the launch of BLAST.
The specific launch time of DBLAST Spot is as follows:
- Time of opening trading: Dec.4th 2023 8:00 (UTC)
- Trading pair: DBLAST/USDT
- To Trade(Web): https://www.digifinex.com/en-ww/trade/USDT/DBLAST
- To Trade(App): https://www.digifinex.com/en-ww/trade/kline/USDT/DBLAST
DBLAST(BLAST Futures Token, IOU Token) is the official BLAST token exchange certificate issued by DigiFinex. DBLAST can be converted to the official BLAST token(BLASTI) at a certain ratio after BLAST is launched. DBLAST will not open for deposit and withdrawal.
DBALST How to exchange to BLAST
- 2-10 hours before the official BLAST token(BLAST) open for trading, DBLAST will stop trading and take a snapshot of user assets;
- DigiFinex will list the official BLAST tokens within 7 working days after the BALST mainnet goes online and the airdrop is distributed as expected in May 2024.
- DigiFinex will delist DBLAST trading market and will convert the DBLAST balance to BLAST at a certain ratio. This conversion will be completed within 3-5 working days after the official BLAST token start trading.
- DBLAST anchors BLAST’s layer 2 governance token which token economics are determined and airdrop in May next year. If the total number of tokens reaches 1 billion after the economic model is determined in May next year, DBLAST will be converted into BLAST at a 1:1 ratio. If there is a discrepancy between the published token economics and the actual total token supply, it will be scaled proportionally.
- If the token economics change, such as the BLAST airdrop plan being stranded or other force majeure, which causes the pricing of BLAST to change, the user will be refunded an equal amount of USDT based on the purchase price.
Risk Alert: This is a new token project that poses higher risks than others which will face potential high price volatility. Please ensure you have done your own research in regard to the fundamental concepts and fully understand this project before opting to trade. DigiFinex will make the best efforts to list high-quality token projects but will not be responsible for any of your trading losses.
Cryptocurrencies inherently come with market risks and volatility, despite their potential for high growth. We strongly advise users to conduct their research as they invest, acknowledging that they do so at their own risk. Your support for is appreciated!
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Dec. 1st, 2023
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DigiFinex (digifinex.com) DIGIFINEX LIMITED reserves all rights of this event, including but not limited to adjustment, explanation, and termination at any time.