Announcements Gate.io Supports FEG (FEG) Contract Migration

Gate.io Supports FEG (FEG) Contract Migration

2023-02-17 09:11:03 UTC 95994 Read

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According to the FEG (FEG) team, the FEG (FEG) token will be migrated to the new smart contract at a ratio of 1,000,000:1. Gate.io fully supports the migration and will swap tokens for users. If your $FEG tokens are currently on Gate.io, you don’t need to do anything in particular.

Details:
1) Gate.io has closed the new margin borrowing and crypto loan services of $FEG.
2) Gate.io will close the deposit, withdrawal and trading of $FEG, including liquidity mining, quantitative trading, Lend & Earn, and margin trading, on February 20, 2023, 06:00 AM UTC.
3) Users who have in-progress $FEG quantitative trading should adjust their trading plans beforehand. Otherwise, the plans will be terminated automatically by February 20, 2023, 06:00 AM UTC.
4) Users who have assets in Lend & Earn may manually redeem them in advance. Otherwise the assets will be liquidated by February 20, 2023, 06:00 AM UTC.
5) Users who have outstanding $FEG loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically by February 20, 2023, 06:00 AM UTC.
6) Users who have provided liquidity for $FEG in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed by February 20, 2023, 06:00 AM UTC.

**Note: After the swap, Gate.io will provide the deposit and withdrawal services of the new $FEG token. The old $FEG token will not be supported.**

FEG (FEG) Announcement:
https://twitter.com/fegtoken/status/1625171389563998208?s=46&t=Yg2tEUlhCbslOtwKLv07bw
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Gate.io Team
Feb 17th, 2023

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