Fellow Mandalarians,
Mandala Exchange will list Spell Token (SPELL) and TerraUSD (UST) and will open trading for SPELL/BTC, SPELL/BUSD, SPELL/USDT, UST/BTC, UST/BUSD, and UST/USDT trading pairs at 2021-12-24 08:00 (UTC).
Mandala Exchange will list Spell Token (SPELL) and TerraUSD (UST) and will open trading for SPELL/BTC, SPELL/BUSD, SPELL/USDT, UST/BTC, UST/BUSD, and UST/USDT trading pairs at 2021-12-24 08:00 (UTC).
- Users can now start depositing SPELL and UST in preparation for trading
- Withdrawals for SPELL and UST will open at 2021-12-25 08:00 (UTC)
Note:
- Mandala will only support SPELL Avalanche C-Chain and ERC-20 token deposits and withdrawals
- The withdrawal open time is an estimated time for users’ reference. Users can view the actual status on the withdrawal page
What is Spell Token (SPELL)?
Abracadabra is a multichain lending protocol that utilizes interest-bearing tokens as collateral to mint a USD pegged stablecoin - Magic Internet Money (MIM). SPELL is its governance token that can be staked to receive protocol’s revenue.
What is TerraUSD (UST)?
TerraUSD (UST) is a decentralized algorithmic stablecoin of the Terra blockchain. In order to mint 1 TerraUSD, 1 USD worth of the reserve asset, LUNA, must be burned.
Details:
- SPELL Website
- UST Website
- SPELL Avalanche Block Explorer
- SPELL ERC-20 Block Explorer
- UST BEP-20 Block Explorer
- UST ERC-20 Block Explorer
- UST Polygon Block Explorer
- UST Terra Block Explorer
- Fees
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Mandala Exchange will make best efforts to choose high-quality coins but will not be responsible for your trading losses.
Thank you for choosing Mandala Exchange for your crypto trades.
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Mandala Exchange reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Mandala Exchange reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.