Announcements Gate.io Announcement on Initiating Zircuit(ZRC) Pre-Market Settlement and PreToken Distribution

Gate.io Announcement on Initiating Zircuit(ZRC) Pre-Market Settlement and PreToken Distribution

2024-11-22 12:03:26 UTC 11743 Read

ZRC/USDT -2.46%

[//]:content-type-MARKDOWN-DONOT-DELETE
PreMint end time：12:00pm 22nd November 2024 (UTC)
Premarket trading end time：13:00pm 22nd November 2024 (UTC)
Delivery start time：12:00pm 25th November 2024 (UTC) 
Delivery end time：15:00pm 25th November 2024 (UTC)

**Attention:
1.After the minting portal is closed, users cannot stake USDT to mint PreToken and cannot use the cancel staking function;
2.After the Zircuit(ZRC) Premarket closure, the system will take a snapshot of users’ ZRC PreToken holdings and clear the ZRC PreToken balances.
3.Users participating in PreToken minting should ensure that you hold sufficient ZRC tokens in your accounts within the delivery time. The corresponding amount of tokens will be deducted automatically from the accounts within the delivery time and the staked amount will be returned to your accounts.
4.After the settlement, we will settle the accounts for users who held ZRC PreTokens at the time of the snapshot (The settlement is expected to be completed within 1 hour, but please refer to the actual timing). Once settled, you will receive the real ZRC from the settlement, as well as the locked USDT from users who failed to complete the settlement on time.**

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Gate.io Team
Nov 22nd, 2024

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Gate.io Announcement on Initiating Zircuit(ZRC) Pre-Market Settlement and PreToken Distribution

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