[Important Notice] QASH Token Swap to FTT

Following the closing of the acquisition of Liquid Group by FTX, we are offering a limited-time bonus swap offer of Liquid’s QASH token to FTT (the FTX ecosystem token). 

On the 4th of April 2022 (JST), we will calculate the value of QASH and FTT based on the Time Weighted Average Price (TWAP) in JPY equivalent of QASH and FTT in March 2022 (9 am JST daily).

QASH Token Swap to FTT rules

The calculated swap price on the 4th of April 2022 will be fixed on Liquid’s exchange platform from that day forward with the following bonus offer:

  • From the 4th of April 2022 to the 18th of April 2022, users who swap QASH to FTT on Liquid will receive an additional 20% in FTT tokens.
  • From the 19th of April 2022 to the 3rd of May 2022, users who swap QASH to FTT on Liquid’s exchange platform will receive an additional 10% in FTT tokens.
  • From the 4th of May 2022, users will continue to be able to swap QASH to FTT at the calculated on the 4th of April 2022 fixed rate. 
  • To be eligible, users must swap on the Liquid platform. Please follow this link to complete the swap.
  • All QASH tokens that are swapped will be burned. We will perform the token burn weekly; please refer to the QASH Burn page for more details. 
  • QASH can still be used to pay for trading fees.


A user swapping 699.9958 QASH between the 4th of April 2022 and the 18th of April 2022 would receive 1 FTT (fixed rate) + 0.2 FTT (bonus).

For QASH token holders who do not have an account on Liquid, please get in touch with 

Liquid Chain – available as open source project

As we continue to integrate our products and services within the FTX ecosystem, we are also, unfortunately, announcing that there will be no further development of the Liquid Chain project. 

We understand the deep disappointment in the failure to deliver Liquid Chain sooner; however, we will be releasing Liquid Chain as an open source project in support of the crypto community. This will hopefully allow the community to innovate and develop the project further where we could not. This also means that there will be no QASH/LQT swap as the project will be open source.

You can find Liquid Chain repository here.

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