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#EGLD Attention all contract players! A leading exchange will be making adjustments to the MANA and EGLD coin-margined Perptual Futures at 5 PM on November 13.
What exactly is going on? These two contracts will be automatically liquidated and then directly delisted. If you still hold these positions, it's best to close them yourself before 4:30 PM.
Why do we need to do it half an hour in advance? Because there may be slippage or other unexpected situations close to the settlement time, handling it in advance is safer. You cannot control the price at which the system automatically liquidates, so it's better to have the initiative in your own hands.
It's actually not unusual for such contracts to be delisted; exchanges regularly clean up products that lack sufficient liquidity or have too low trading volumes. Friends with positions, remember to set an alarm so you don't forget.