MEXC will support the PEM (PEM) token swap and rebranding to AI Computing Power (ACP). Details are as follows:

• Deposits and withdrawals of PEM have been closed;
• PEM spot trading will close at 03:00 on May 1, 2025  (UTC), at which pending orders will be canceled;
• PEM tokens will be swapped into ACP tokens at a ratio of 1 : 5.

• MEXC will not support token swaps for PEM tokens deposited after the deposits are closed.
• MEXC will provide support to users holding PEM tokens in their MEXC accounts, assisting with any technical issues that may arise.
• MEXC no longer supports deposits for old PEM tokens after the token swap. Please make confirmation before depositing tokens to avoid any asset losses. 
• A separate announcement will be made after the token swap is completed.

PEM Contract Address:

• https://bscscan.com/token/0xdccb6095245b3ddb709f77faf251ab31ccf1f70c