Announcements Gate.io Not Support Olive (OLV) & Will Delist Olive (OLV)

Gate.io Not Support Olive (OLV) & Will Delist Olive (OLV)

2024-10-25 12:06:11 UTC 35339 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the Olive (OLV) project team, Olive (OLV) tokens will be swapped for Grab Token (GRAB). However, Gate.io is unable to provide seamless token swap service for users. Gate.io users will need to swap your tokens yourselves through the official swap portal provided by the project party. We apologize for not being able to offer a convenient and effortless exchange service for all users. To ensure a smooth transition, users are advised to withdraw your $OLV tokens to your personal wallets as soon as possible.

**Details:**
1) [Gate.io](https://www.gate.io "Gate.io") has closed the deposit service for Olive (OLV).
2) Gate.io will suspend the trading service for Olive (OLV), including OLV_USDT spot trading pair, quant grid trading, and liquidity mining, starting from October 30, 2024, 03:00 UTC.
3) Users with ongoing quant grid trading of Olive (OLV) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before October 30, 2024, 03:00 UTC.
4) Users who have provided liquidity for Olive (OLV) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before October 30, 2024, 03:00 UTC.
5)  After the delisting, Olive (OLV) holders are advised to withdraw your tokens as soon as possible to avoid any potential losses.
6) Users holding Olive (OLV) on Gate.io after Novermber 5, 2024 can apply for a buyback by filling out a form. Gate.io will buy back OLV at a price of 0.00007316 USDT, with a maximum compensation limit of 100 USDT per user.

To apply for the compensation, users must fill out the provided form between Novermber 5, 2024, 16:00 UTC and Novermber 11, 16:00 UTC.
Form Link: https://www.gate.io/questionnaire/5384

Please note that Olive (OLV) will be replaced by Grab Token (GRAB). Users should withdraw your Olive (OLV) as soon as possible to avoid losses.

Withdraw OLV: https://www.gate.io/myaccount/withdraw/OLV
Official Source: https://x.com/grab_project/status/1848258768070660143

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Gate.io Team
Oct 25th, 2024

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Gate.io Not Support Olive (OLV) & Will Delist Olive (OLV)

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