[Coinone] Notice of Designation as Cautionary Trading Asset: SLN

Hello. This is Coinone.Coinone has strictly reviewed each virtual asset and has supported trading to create a healthy virtual asset ecosystem.

In accordance with the 'Designation of Cautionary Trading Assets and Termination of Trading Support Policy', we inform you of the designation of Smart Layer (SLN) as a cautionary trading asset. Customers holding this virtual asset should check this notice and take it into account when using our services.

Reason for designation as a cautionary trading assetSmart Layer (SLN) lacks public disclosures and a whitepaper explaining important matters related to the virtual asset, and when comprehensively considering trading and adoption status and the actuality of the project, there are many insufficient aspects that indicate the possibility of causing user harm. Therefore, to collect explanatory materials regarding these matters and to prevent other user harm, we will designate the virtual asset as a cautionary trading asset for approximately 2 weeks.

Notes⁃ When an asset is designated as a cautionary trading asset or when trading support is terminated, deposits of the asset may be suspended. In that case, we will notify you through a separate announcement.⁃ Coinone will determine whether to extend, lift the designation, or terminate trading support after a thorough review of the asset. The designation period may be extended during the explanation procedure and review process, and if the reasons for designation are not resolved, trading support may be terminated. In that case, we will notify you through a separate announcement.⁃ Please exercise extra caution when investing in assets designated as cautionary trading assets.

Coinone will continue to make the best efforts to maintain a healthy and transparent virtual asset ecosystem. Thank you.

Coinone Team

*This information is generated automatically.