Announcements Gate.io Not Support Kylin Network (KYL) Token Swap and To Delist Kylin Network (KYL)

Gate.io Not Support Kylin Network (KYL) Token Swap and To Delist Kylin Network (KYL)

2023-07-07 11:06:42 UTC 34774 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the Kylin Network (KYL) project team, Kylin Network (KYL) will be migrated to the new smart contract on a 1:1 basis. As Gate.io is unable to facilitate the token swap for users, users need to perform the swap themselves through the channels provided by the project team. We apologize for not being able to offer a seamless token swap service to all users. Effective July 10, 2023, 03:00 a.m. UTC, we will delist the Kylin Network (KYL) trading market, including spot trading, quant trading, and liquidity mining.

However, we will continue to provide withdrawal services for a period of 3 months.

To ensure a smooth transition, users are advised to withdraw your Kylin Network (KYL) tokens to your personal wallets as soon as possible.

Details:
1) Gate.io has disabled the deposit service for Kylin Network (KYL).
2) Gate.io will suspend the trading service for Kylin Network (KYL), including liquidity mining and quant trading, on July 10, 2023, 03:00 a.m. UTC.
3) Gate.io will continue to support withdrawals for Kylin Network (KYL).
4) Users who have in-progress Kylin Network (KYL) quant trading should adjust your trading plans beforehand. Otherwise, the plans will be terminated automatically by July 10, 2023, 03:00 a.m. UTC.
5)  Users who have provided liquidity for Kylin Network (KYL) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed by July 10, 2023, 03:00 a.m. UTC.

Please note that the Kylin Network (KYL) tokens will be replaced by the new tokens. Holders are advised to withdraw your Kylin Network (KYL) tokens and perform the swap on the official exchange channels to avoid any potential losses.

Withdraw Kylin Network (KYL) tokens: https://www.gate.io/myaccount/withdraw/KYL 
Official announcement: https://kylinnetwork.medium.com/announcement-on-kyl-token-swap-new-token-address-575afe97ea17

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Gate.io Team
July 7 2023

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Gate.io Not Support Kylin Network (KYL) Token Swap and To Delist Kylin Network (KYL)

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