OKX completed the token migration from LEND to AAVE

Dear valued customers,

According to Aave team, Aave has enabled contract migration from LEND token to AAVE token, on the ratio of 100 LEND:1 AAVE. The new AAVE token holders can participate in Aave protocol governance based on their staking power. After the migration, the AAVE total supply will be 16 million, among which, 13 million tokens will be redeemed by LEND token holders, and 3 million will be allocated to the Aave eco reserve.

For further information on the token migration, please refer to：https://medium.com/aave/migration-and-staking-101-fe8fda3e2a30

OKX has distributed AAVE to all eligible users at a ratio of 100 LEND = 1 AAVE. The users' AAVE assets can be inquired through "Assets-My Assets-Funding Account".

We are pleased to announce that AAVE is now listed on OKX. Please take note of the following go-live schedule:

1. AAVE Deposit: 05:00 Oct 22, 2020 (UTC)

2. AAVE Spot Trading: AAVE/USDT, AAVE/BTC, AAVE/ETH : 06:00 Oct 22, 2020 (UTC)

Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

Thank you for your continued support and we assure you our best services at all times.

Regards,

OKX

October 22, 2020 (UTC)