Announcements Gate.io Supports L7 (LSD7) Token Migration

Gate.io Supports L7 (LSD7) Token Migration

2024-06-28 03:01:16 UTC 20173 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the [L7 (LSD7) project team](https://x.com/L7_Global/status/1805212881413407147 "L7 (LSD7) project team"), L7 (LSD7) tokens will be migrated to a new ID at 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 L7 (LSD7) on [Gate.io](https://www.gate.io "Gate.io"), no action is required.

Details:
1) [Gate.io](https://www.gate.io "Gate.io") has closed the deposit and withdrawal services for L7 (LSD7).
2) After the swap, [Gate.io](https://www.gate.io "Gate.io") will resume the deposit and withdrawal services for new L7 (LSD7) tokens. 
3) User [trading](https://www.gate.io/zh/trade/LSD7_USDT "trading") activities will continue uninterrupted during the token swap
4) New L7 (LSD7) token ID: 0x055D5C0D7c7c07E3E443d09f7016f5f73978008b（BSC）

Please note that [Gate.io](https://www.gate.io "Gate.io") will no longer support the old L7 (LSD7) tokens. The deposit and withdrawal services for the new L7 (LSD7) token will be supported after the swap.

Official Source: https://x.com/L7_Global/status/1805212881413407147
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Gate.io Team
June 28th, 2024

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