Announcements Gate.io to Suspend Deposit, Withdrawal, and Trading of Sonar (PING)

Gate.io to Suspend Deposit, Withdrawal, and Trading of Sonar (PING)

2023-11-24 11:01:14 UTC 34168 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the Sonar (PING) team, the $PING tokens will undergo a migration. As per the project team’s request, Gate.io will suspend the deposit, withdrawal, and trading services for $PING starting from November 27, 2023, 02:00 a.m. UTC.

**Details:**
1) Gate.io will suspend the deposit, withdrawal, and trading services for $PING starting from November 27, 2023, 02:00 a.m. UTC.
2) Users who have in-progress $PING quantitative trading should adjust your trading plans beforehand. Otherwise, the trades will be terminated automatically before November 27, 2023, 02:00 a.m. UTC.
3) Users who have provided liquidity for $PING in the liquidity mining pool should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before November 27, 2023, 02:00 a.m. UTC.

**According to the project party, the token migration will not take place immediately, and the new token is expected to launch in January. Should there be any changes, we will make further announcements. We appreciate your understanding and support.**

Project team’s announcements:
https://twitter.com/SonarPING_/status/1722630167716405421
https://sonar-official.medium.com/the-sonar-ping-relaunch-de97011a7ad6

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Gate.io Team
November 24,2023

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