Dear Coinstorers,
Maker (MKR) Token Swap Details
Trading
By 2025-09-10 11:00 (UTC+8), Coinstore will suspend all MKR trading pairs. All pending MKR spot trading orders will be canceled.
Deposits and Withdrawals
At 2025-09-10 11:30 (UTC+8), MKR deposits will be suspended. However, withdrawals will remain open.
Coinstore will make a separate announcement once the trading details for SKY are available.
Users may refer to the announcement from the project team for more information.
Token Swap and Redenomination
Token Swap Portal: All MKR tokens will be swapped to SKY at a ratio of 1 MKR = 24,000 SKY.
Penalty Mechanism:
MKR tokens will be exchanged at the above-mentioned ratio until 2025-09-18. After this date, each subsequent exchange will incur a 1% reduction every three months.
Please refer to the project team’s Delayed Upgrade Penalty.
Coinstore Team
22 Jul, 2025
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Disclaimer: Coinstore reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You may lose some or all of your invested capital, and past performance is not indicative of future results.