Dear Hotbit Users,
As stated in the KIBA's official announcement, Hotbit has completed the replacement of the KIBA contract at 09:15 AM, March 30th, 2022 UTC.
For users who hold KIBA on Hotbit, the following swap plans are now implemented:
1. Hotbit has finished token swap for KIBA holders on Hotbit based on the lower value regarding the volume of KIBA held by each user on 11:20 PM UTC February 28th, 2022 and 09:00 AM UTC, March 26th, 2022 (The ratio of token swap will be 1 old KIBA : 1 new KIBA).
Note: Users who meet the snapshot rules can check the KIBA assets by themselves now;
2. According to the official rules of KIBA, the swap will only be distributed proportionally to users with positions greater than or equal to 1,000 KIBA on Hotbit (If your Hotbit account has a position of less than 1,000 KIBA, you will not be able to participate in the contract upgrade plan);
3. Hotbit has refunded USDT consumed based on the trading data for users who net bought KIBA after 11:20 PM UTC February 28th, 2022;
4. For the deposit, withdrawal and trading functions of KIBA, please wait for the follow-up notice for the specific reopening time. (The deposit, withdrawal and trading functions of KIBA have been recovered at 10:15 AM UTC on March 30th, 2022.)
KIBA old contract address:
https://etherscan.io/token/0x4b2c54b80b77580dc02a0f6734d3bad733f50900
KIBA new contract address:
https://cn.etherscan.com/token/0x005d1123878fc55fbd56b54c73963b234a64af3c
Notice：After KIBA deposit function is recovered, Hotbit only supports the new KIBA contract deposit. Please do not deposit old KIBA, otherwise the loss caused will not be recovered.
Thank you for your ongoing support and understanding for Hotbit!
Hotbit Team
March 30th, 2022
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