Bootstrap fund ending and liquidity migration announcement on BSC

The bootstrapped liquidity mining program on BSC will end on April 24th, 2021, around 21:30 (GMT+8) and the liquidity migration is scheduled to be conducted during 09:00–14:00 (GMT+8) on April 25th, 2021. The liquidity migration will affect the Venus deposit certificates (vToken), Cream deposit certificates (crToken), Compound deposit certificates (cToken) and Aave deposit certificates (aToken) staked on the Flux platform.

After the bootstrapped liquidity mining ends, all staked tokens will continue to participate in the liquidity mining. Before the liquidity migration, users can freely “Stake” or “Unstake” their staked tokens.

The details of migration and possible impacts are listed below:

  • The liquidity migration will begin at 09:00 am (GMT+8) on April 25th, and the Flux staking interface will no longer support the “Stake/Unstake” operations for vTokens / crToken / cToken / aToken; the liquidity mining of the staked tokens will continue until the liquidity migration
  • The liquidity migration will be conducted between 09:00–14:00 (GMT+8) on April 25th, 2021, during which the staked vTokens / crToken / cToken / aToken assets will be automatically migrated to the Flux platform deposit. There will be NO further actions needed from the user side as the Flux smart contract will automatically transfer the cToken/ aToken into Flux deposit certificates (fToken).

After the liquidity migration is over, the staking weightage will be adjusted accordingly!

If you don’t want Flux do migrate your liquidity, please unstake your assets before 08:59 am (GMT+8) on April 25th!

Flux Protocol is a borderless lending protocol, where low transaction fees and cross-chain interoperability are the reality