Announcements Gate.io To Delist AtlasProtocol (ATP) and NextDAO (NAX)

Gate.io To Delist AtlasProtocol (ATP) and NextDAO (NAX)

2024-11-28 04:03:42 UTC 24437 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
The Nebulas Foundation Council has decided to fully terminate the operation and service of the Nebulas (NAS) project. Since AtlasProtocol (ATP) and NextDAO (NAX) only support their deposits and withdrawals in NAS, Gate.io will delist their trading markets, including ATP_USDT, ATP_ETH, NAX_USDT, NAX_ETH spot trading pairs, quantitative grid trading, liquidity mining, Simple Earn, and margin trading. After this announcement is made, Gate.io will continue to provide users with a one-month withdrawal services for both tokens.

**Details:**
1) [Gate.io](https://www.gate.io/ "Gate.io") has closed the deposit services for AtlasProtocol (ATP) and NextDAO (NAX).
2) Gate.io will close the new margin borrowing and crypto loan services for AtlasProtocol (ATP) at 08:00 UTC on November 29, 2024.
3) Gate.io will suspend the trading services for AtlasProtocol (ATP) and NextDAO (NAX), including ATP_USDT, ATP_ETH, NAX_USDT, and NAX_ETH spot trading pairs, quantitative grid trading, liquidity mining, Simple Earn, and margin trading, at 02:00 UTC on December 5, 2024.
4) Users with ongoing quant grid trading for AtlasProtocol (ATP) and NextDAO (NAX) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before 02:00 UTC on December 5, 2024.
5) Users who hold ATP assets in Simple Earn may manually redeem them in advance. Otherwise, the assets will be liquidated before 02:00 UTC on December 5, 2024.
6)  Users with outstanding ATP loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically before 02:00 UTC on December 5, 2024.
7) Users who have provided liquidity for NAX in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before 02:00 UTC on December 5, 2024. 
8) After the delisting of ATP and NAX markets, users are advised to withdraw your tokens as soon as possible to avoid potential losses.
9) Users holding ATP and NAX on Gate.io after December 18, 2024 can apply for a buyback by filling out a form. Gate.io will buy back ATP at a price of 0.000005402 USDT and NAX at 0.000006344 USDT, with a maximum compensation limit of 100 USDT per user.

To participate in the buyback, users must fill out the provided form between December 18, 2024, 16:00 UTC and December 25, 16:00 UTC.
Form Link: https://www.gate.io/questionnaire/5599

Withdraw ATP: https://www.gate.io/myaccount/withdraw/ATP
Withdraw NAX: https://www.gate.io/myaccount/withdraw/NAX

Official Source: https://www.nebulas.io

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Gate.io Team
Nov 28th, 2024

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