Announcements Gate.io to Delist Million (MM)

Gate.io to Delist Million (MM)

2024-05-09 02:06:29 UTC 87598 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
[Gate.io](https://www.gate.io/ "Gate.io") has conducted a thorough reevaluation of the Million (MM) project and concluded that it no longer meets our platform's trading criteria. As a result, Gate.io decided to delist Million (MM) from the trading market, including spot trading, quant grid trading, and liquidity mining, but will continue to provide [withdrawal](https://www.gate.io/myaccount/withdraw/MM "withdrawal") services for 1 month.

Details:
1) Gate.io has closed the deposit service for Million (MM).
2) Gate.io will disable the trading service for Million (MM), including spot trading, quant grid trading, and liquidity mining, starting from May 10, 2024, 07:00 A.M. UTC.
3) Users who have in-progress Million (MM) quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before May 10, 2024, 07:00 A.M. UTC.
4) Users who have provided liquidity for Million (MM) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before May 10, 2024, 07:00 A.M. UTC.
5) Users unwilling to participate in the buyback after the delisting are advised to [withdraw](https://www.gate.io/myaccount/withdraw/MM "withdraw") your Million (MM) holdings as soon as possible to avoid potential losses.
6) Users who still hold Million (MM) on Gate.io after May 22, 2024 can apply for a buyback by filling out a form. [Gate.io](https://www.gate.io/ "Gate.io") will repurchase Million (MM) at a price of 0.3232 USDT, with a maximum compensation limit of 100 USDT per user.

To apply for the compensation, users must fill out the provided form between May 22, 2024, 16:00 UTC and May 29, 2024, 16:00 UTC.

Form Link: https://www.gate.io/questionnaire/4486
Withdraw MM：https://www.gate.io/myaccount/withdraw/MM

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Gate.io Team
May 9,2024

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