KuCoin Has A Surprise to Thousands of Unaware Aave’s LEND Holders
After first delisting DeFi platform Aave’s LEND tokens back in December 2018 due to “low liquidity,” crypto exchange KuCoin has now re-listed the asset after the price increased more than 6,000%. “After the re-list, we noticed that about 10k LEND holders haven’t logged in for the last 30 days, and very likely they are not aware that they have some digital assets on KuCoin,” the company said, adding that they have attempted to notify users via both Twitter and email, while “until now, about 20% of holders logged in again.”.
However, KuCoin also explained that although most users remain unaware that they hold any LEND tokens on the platform, 75% of those that have logged in again chose to hold on to their newly re-discovered tokens. Meanwhile, the exchange also said that 20% of users who logged in chose to sell all or part of their tokens, while 5% increased their LEND holdings.
