Announcements Gate.io to Delist Grap (GRAP)

Gate.io to Delist Grap (GRAP)

2023-09-20 07:43:20 UTC 15711 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
Due to abnormal market conditions surrounding the Grap (GRAP) project, Gate.io has re-evaluated the project and determined that it no longer meets the criteria for trading on its platform. As a result, Gate.io will delist the Grap (GRAP) trading market, including spot trading, quantitative trading, and liquidity mining, on September 21, 2023, 06:00 A.M. UTC. After delisting, Gate.io will continue to provide withdrawal services for users for a period of 1 month.

**Details:**
1) Gate.io has disabled the deposit service for Grap (GRAP).
2) Gate.io will delist the Grap (GRAP) trading market, including spot trading, quantitative trading, and liquidity mining, on September 21, 2023, 06:00 A.M. UTC.
3) Users who have in-progress Grap (GRAP) quantitative trading should adjust your trading strategies beforehand. Otherwise, the strategies will be terminated automatically before September 21, 2023, 06:00 A.M. UTC.
4) Users who have provided liquidity for Grap (GRAP) in the liquidity mining pool should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before September 21, 2023, 06:00 A.M. UTC.
5) For users who do not wish to participate in the buyback, we strongly encourage you to withdraw your Grap (GRAP) tokens promptly to avoid any potential losses following the delisting.
6) Users who still hold Grap (GRAP) on Gate.io after October 5, 2023 can submit a form to participate in the buyback. Gate.io will repurchase Grap (GRAP) based on the on-chain price (approximately 0.000047 USDT). The maximum amount a single user can apply for is 100 USDT.

Users are requested to fill out the following form and submit your applications between October 5, 2023 and October 12, 2023.

Link to the form: https://www.gate.io/questionnaire/3653

Withdraw GRAP: https://www.gate.io/myaccount/withdraw/GRAP

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Gate.io Team
September 20,2023

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