SunCrypto is committed to providing the best possible trading experience while ensuring transparency and user safety. In line with this commitment, we are announcing the delisting of the PolkaBridge (PBR) token from our platform.
This decision comes following the PBR team's announcement of a token migration to DeVap AI (DVA), a process that requires users to take specific actions independently. In this article, we’ll guide you through the reasons behind this development and provide clear instructions on how to proceed to ensure a smooth transition.
Key Highlights for SunCrypto Users
▪️PolkaBridge (PBR) Token Delisting: Trading services for the PolkaBridge (PBR) token have been suspended on SunCrypto, and the token will soon be delisted.
▪️Withdrawal Deadline: Users must withdraw their PBR tokens from SunCrypto before February 20, 2025. Moreover, SunCrypto will only allow PBR withdrawals via the BSC network.
▪️No Auto-Conversion: Holdings not withdrawn by the deadline will not be auto-converted to USDT or any other asset. Users will be solely responsible for their holdings loss.
▪️Reason for Delisting: The PBR team announced a migration to DeVap AI (DVA) tokens, but restricted global exchanges, including SunCrypto, from facilitating the swap process.
▪️How to Swap PBR for DVA: Users must complete the swap process manually through the official channel provided by the PolkaBridge team. Details are outlined below.
Why This Change?
The decision to delist the PolkaBridge (PBR) token comes after the PBR team announced a token swap to DeVap AI (DVA). Notably, offshore crypto exchanges, including our liquidity partner, have declined to support the token swap due to the restrictions imposed by the PBR team.
The swap process has been made complex, requiring users to manually interact with a smart contract and complete additional steps. Given these challenges and the limited options for a streamlined swap, SunCrypto has chosen to delist PBR and focus on facilitating the withdrawal process for its users.
Steps to Swap PBR for DVA for Users
The PolkaBridge (PBR) token migration to DeVap AI (DVA) involves the following steps:
▪️Withdraw PBR to Your Ethereum Wallet: Ensure your PBR tokens are withdrawn from SunCrypto and transferred to your Ethereum-compatible wallet.
▪️Transfer PBR Tokens to the Smart Contract: Send your PBR tokens from your Ethereum wallet to the following smart contract address: 0x298d492e8c1d909d3f63bc4a36c66c64acb3d695.
▪️Fill Out the Official Migration Form: Complete the migration process by filling out this form: Migration Form - https://forms.gle/99VY2QCDzxmkHD2s5…
▪️Receive DVA Tokens: Your DVA tokens will be credited to your Solana wallet in March 2025.
Key Details:
Exchange Rate: 1 Old PBR = 1 New DVA.
Deadline for Migration: February 28, 2025.
DVA Token Supply: Total supply capped at 100 million.
Please refer to the official announcement - https://x.com/realpolkabridge/status/1880208072242778234
Conclusion - We Are Here to Support You
At SunCrypto, we understand that this sudden change might cause inconvenience to our users. While we regret not being able to facilitate the token swap directly, our priority remains ensuring transparency and providing clear guidance to help users navigate this transition.
If you have any questions or concerns, our support team is ready to assist you every step of the way, contact us at [email protected]. Thank you for trusting SunCrypto for your crypto trading needs. Together, we strive to make your crypto journey seamless and secure.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.