PANews July 8 news, according to The Block, the decentralized trading platform Vertex will shut down its existing deployment on Arbitrum and rebuild the DEX on the Layer 2 network Ink incubated by Kraken, with the native token VRTX being gradually phased out. The July 8 Snapshot will determine the eligibility for the INK Airdrop, with VRTX holders receiving 1% of the initial supply. The Ink Foundation will receive its order book, perpetual engine, and lending technology to accelerate the on-chain Capital Market construction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Vertex will close the existing DEX and migrate to the Layer 2 network Ink supported by Kraken.
PANews July 8 news, according to The Block, the decentralized trading platform Vertex will shut down its existing deployment on Arbitrum and rebuild the DEX on the Layer 2 network Ink incubated by Kraken, with the native token VRTX being gradually phased out. The July 8 Snapshot will determine the eligibility for the INK Airdrop, with VRTX holders receiving 1% of the initial supply. The Ink Foundation will receive its order book, perpetual engine, and lending technology to accelerate the on-chain Capital Market construction.