Unfortunatly many stituations can happen that lead to a coin delisting from Simple Pos Pool. We want to make it very clear and every user and coin developer should be aware of this coin delisting policy.
In accordance with Simple Pos Pool listing policy we expect to be informed by developers of cryptocurrencies about any amendments such as updates, forks, changing of an explorer address, a.s.o., made and applied in their blockchain.
Simple Pos Pool reserves the right to remove any cryptocurrency for any of the following reasons:
- Blockchain becomes defective, resulting in not beeing able to verify rewards
- Cryptocurrency is no longer supported by its developers
- Developers are late or cease notifying about any amendments such as updates, forks, changing of the explorer address, etc, made and applied in their blockchain
- Developers fail to provide links for updates before any of the amendments are applied
- Developers are no longer present to inform the community
- The projects wallet has security or technical issues
- Developers change often their rules or roadmap
- Value of the coin drops to where it´s unsustainable mantaining the cryptocurrency
The coin is flagged to be delisted:
- Simple Pos Pool shall notify all users via the notification system on the main webpage and through our social medias
- It will be delisted in 14 days. Under extraordinary circumstancesSimple Pos Pool reserves the right, in its sole discretion, to immediately delist a cryptocurrency
- May the blockchain be dead, no coins can be withdrawn
- After the notification, users, who own the named cryptocurrencies, ought to withdraw them before the posted withdrawal deadline
Simple Pos Pool is not liable to any users’ losses sustained in case of circumstances under which a user for any reason is late to withdraw the funds before the deadline or fails to withdraw the funds due to events outside of Simple Pos Pool´s control (such as broken blockchain, unavailable nodes, etc.).
If you have any questions about this Coin Delisting Policy, please contact us.
This document was last updated on 09-06-2019