Dear Hoo users,
Based on Aave Protocol official, Aave has passed the voting of the plan to migrate Aave Protocol（LEND）to Aave Protocol（AAVE). The migration has started since block height 10,978,863 and Hoo exchange will support this migration, more details are as following:
Details:
- Hoo will suspend LEND Deposit & Withdrawal at 15:00 on October 12, 2020 (UTC+8) and carry out smart contract replacement.
- Hoo will delist LEND/USDT trading pair, and users’ open orders will be canceled. After delisting, we will take a snapshot of the user's position. After the snapshot, Hoo will swap AAVE as the ratio of 100:1 (100LEND=1AAVE) for users at the first time;
- Hoo will list AAVE/USDT trading pair and enable the Deposit & Withdrawal of AAVE at 15:00 on October 14, 2020 (UTC+8).
Hoo Team
October 12, 2020