Token Removal Alert!

Sonic
2 min readDec 12, 2023

--

At Sonic, our commitment to user security and trust is paramount. In our unwavering dedication to ensuring a secure trading environment, we continuously assess and monitor token canisters within our platform. In this pursuit, we’ve identified certain tokens that are not maintaining their canisters and thereby results in burnout of cycles.
Adding NFT Geek link for reference: https://t5t44-naaaa-aaaah-qcutq-cai.raw.ic0.app/cycles

Token Unlisting for Trader Protection

To maintain a safe trading ecosystem and protect user funds, we’ll be unlisting specific tokens which are either abanded or non maintained from Sonic. Our objective is to safeguard our traders from potential risks associated with tokens that do not meet our maintenance standards.

Upcoming Changes

Over the next few days, we’ll release a detailed list of the tokens scheduled for removal. These tokens will be delisted after a notice period to allow users to take necessary actions regarding their holdings.

Maintaining Transparency and Fairness

We believe in transparency and fairness in our practices. Our decision to delist tokens is solely aimed at enhancing trader safety. We encourage creators who are actively committed to the development and progress of their projects to reach out to us directly. Such projects can be reviewed for potential retention within Sonic.

Your Safety is Our Priority

At Sonic, the security and trust of our traders are paramount. We are committed to upholding the highest standards of safety and reliability within our platform.

We appreciate your understanding and cooperation during this process. Please stay tuned for the forthcoming list of tokens scheduled for delisting. For any inquiries or concerns, feel free to reach out to our support team.

Together, let’s continue to foster a secure and thriving trading environment at Sonic.

--

--