Announcements Gate.io to Delist ulu (ULU)

Gate.io to Delist ulu (ULU)

2024-06-14 07:50:09 UTC 116836 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
Due to abnormal market conditions surrounding the ulu (ULU) project, [Gate.io](https://www.gate.io "Gate.io") has reevaluated the project and determined it is not eligible for further trading on our platform. As a result, [Gate.io](https://www.gate.io "Gate.io") will delist ulu (ULU) from the trading market, including spot trading and quant grid trading, but will continue to provide withdrawal services for 1 month.

Details:
1) [Gate.io](https://www.gate.io "Gate.io") has closed the deposit service for ulu (ULU).
2) [Gate.io](https://www.gate.io "Gate.io") will disable the trading service for ulu (ULU), including spot trading and quant grid trading, starting from June 15, 2024, 08:00 A.M. UTC.
3) Users who have in-progress ulu (ULU) quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before June 15, 2024, 08:00 A.M. UTC.
4) Users unwilling to participate in the buyback after the delisting are advised to withdraw your ulu (ULU) holdings as soon as possible to avoid potential losses.
5) Users who still hold ulu (ULU) on Gate.io after June 28, 2024 can apply for a buyback by filling out a form. [Gate.io](https://www.gate.io "Gate.io") will repurchase ulu (ULU) at a price of 0.624 USDT, with a maximum compensation limit of 100 USDT per user.

To apply for the compensation, users must fill out the provided form between June 28, 2024, 16:00 UTC and July 4, 2024, 16:00 UTC.

Form Link: https://www.gate.io/questionnaire/4653

Withdraw ULU: https://www.gate.io/myaccount/withdraw/ULU
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Gate.io Team
June 14th, 2024

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