Announcements Gate.io Supports Ritestream (RITE) Token Migration

Gate.io Supports Ritestream (RITE) Token Migration

2024-01-10 02:50:29 UTC 19626 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
Due to the hack on the ritestream (RITE) project, the ritestream (RITE) token would undergo a token swap. As requested by the project team, the ritestream (RITE) token will be migrated to a new ID based on a snapshot taken on January 10, 2024, at 06:00 a.m. UTC. Gate.io will provide seamless token swap services for users. If you currently hold ritestream (RITE) on Gate.io, you don’t need to do anything in particular.

**Details:**
1) Gate.io has closed the deposit and withdrawal services for ritestream (RITE).
2) Gate.io will suspend the trading service for ritestream (RITE), including spot trading, liquidity mining, and quant trading, on January 10, 2024, at 06:00 a.m. UTC.
3) Users who have in-progress ritestream (RITE) quant trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before January 10, 2024, at 06:00 a.m. UTC.
4) Users who have provided liquidity for ritestream (RITE) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before January 10, 2024, at 06:00 a.m. UTC.

**Please note that Gate.io will no longer support the old ritestream (RITE) token. The listing time for the new ritestream (RITE) will be announced later when Gate.io completes the listing review.**

Project team's announcement: https://twitter.com/ritestream_io/status/1744680562210828347?s=20

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Gate.io Team
January 10, 2024

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