Announcements Gate.io Supports Metal (MTL) Mainnet Migration

Gate.io Supports Metal (MTL) Mainnet Migration

2024-06-21 05:17:51 UTC 20968 Read

MTL/USDT -1.40%

[//]:content-type-MARKDOWN-DONOT-DELETE
According to [the Metal (MTL) project team](https://metall2.com/news-insights/metal-dao-migration-guide "the Metal (MTL) project team"), the Metal (MTL) token will be migrated to the mainnet a ratio of 1:1. [Gate.io](https://www.gate.io "Gate.io") will support this migration and provide seamless token swap services for users. If you currently hold Metal (MTL) on Gate.io, you do not need to take any specific actions.

**Details:**
1) [Gate.io](https://www.gate.io "Gate.io") will suspend the deposit and withdrawal services for Metal (MTL) starting from 06:00 UTC on June 22, 2024.
2) After the swap is completed, Gate.io will resume the deposit and withdrawal services for the Metal (MTL) mainnet token. 
3) User trading activities will not be affected during the token swap period.

Please note that Gate.io will no longer support the old Metal (MTL) token. The deposit and withdrawal services for the Metal (MTL) mainnet token will be supported after the swap is completed.

Official Source: https://metall2.com/news-insights/metal-dao-migration-guide

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Gate.io Team
June 21，2024

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