Plan for COCOS conversion and delisting of the COCOSVNDC Futures trading pair

ONUS will support the rebranding and conversion process from COCOS to COMBO.

  • All COCOS tokens in circulation on the ONUS application will be converted to COMBO tokens at a 1:1 ratio.
  • The COCOSVNDC trading pair will be delisted from ONUS Futures Pro.

Detail Plan:

1. (Futures) Delisting COCOSVNDC trading pair on ONUS Futures Pro:

  • At 8:30 on May 25th, 2023 (UTC), ONUS Futures Pro will cease trading for the COCOSVNDC trading pair and will no longer accept new position requests for COCOSVNDC. The open positions will be settled based on the mark price at that time, determining the profit or loss. Users will not be able to modify their positions (adjust margin, quantity, leverage, stop loss/take profit) after the trading halt.
  • At 9:00 on May 25th, 2023 (UTC), ONUS Futures Pro will completely close all open COCOSVNDC positions for Traders, cancel pending orders, and officially delist the trading pair on ONUS Pro. Users can close their positions at any time before the delisting (using the mark price).
  • Note: From this announcement until the delisting time, in order to minimize risks for customers and the exchange, ONUS Futures Pro reserves the right to adjust leverage, position value, order quantity, or suspend trading earlier than expected if any abnormalities are detected with the COCOSVNDC trading pair, without further notice.

2. (Spot) Converting COCOS to COMBO (Spot)

  • 2023-05-29 08:00 (UTC), ONUS will officially disable trading features for COCOS (Convert and Off-chain) to facilitate the conversion process from COCOS to COMBO.
  • 2023-06-02 08:00 (UTC), the conversion process will be completed. Users who hold COCOS before the conversion time will receive a balance of COMBO at a 1:1 ratio. ONUS will reopen the Convert and Off-chain trading for COMBO (using VNDC and USDT as the base currencies).