Due to the upcoming NII token swap Liquid will temporarily suspend deposits, withdrawals and trading of NII tokens at 17:00 JST on 30th January.

Liquid users holding any amount of NII will receive the same amount of new NII tokens once the upgrade is complete. Regular NII services will resume when the upgrade is complete. Please note that this change will happen automatically: you do not have to do anything.

About the NII upgrade

NII tokens play an important role in the nahmii layer-2 scaling protocol. Fees generated through nahmii accrue to token holders, who can claim these fees trustlessly using smart contracts. 

The NII token upgrade will enable fees to be claimed for the first time, while also reducing the gas cost of most NII transactions by up to 50%.

Read more about the upcoming nahmii upgrade

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