LUNC and UST will no longer be supported on Newton as of July 5, 2022. The phase-out process has already begun. Read on for more information:
Why is this happening?
Both LUNC and UST have been through a period of severe volatility and significant changes. The Terra foundation has also migrated to a new chain with a new coin (i.e., the new LUNA) which will be replacing Luna Classic (now LUNC, formerly LUNA). However, the Terra foundation will not be replacing UST. As a result of these changes, Newton will be delisting both LUNC and UST from our platform.
What do you need to know?
LUNC and UST will both be phased off of Newton in the near future.
June 1st, 2022: funding has been disabled, withdrawals remain enabled for both LUNC and UST, and trading remains enabled for LUNC only.
June 16th, 2022: LUNC trading has temporarily been extended.
Future updates will be posted here as well as on our social media and additionally sent out to affected users via email.
Please note that trading, funding, and withdrawal functionality is dependent on support from Newton’s partners and third-party service providers. If our partners or third-party service providers remove support during the de-listing period, we will be forced to revise this timeline and will update you if this happens.