Announcements Gate.io to Delist Lido Staked SOL (STSOL)

Gate.io to Delist Lido Staked SOL (STSOL)

2024-06-18 08:46:24 UTC 19410 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the Lido Staked SOL (STSOL) project team, Lido Staked SOL (STSOL) will cease operations. As per the team's request, [Gate.io](https://www.gate.io "Gate.io") will delist Lido Staked SOL (STSOL) 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 STSOL.
2) [Gate.io](https://www.gate.io "Gate.io") will disable the trading service for STSOL, including spot trading and quant grid trading, starting from June 25, 2024, 06:00 A.M. UTC.
3) Users who have in-progress STSOL quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before June 25, 2024, 06:00 A.M. UTC.
4) Users unwilling to participate in our buyback after the delisting are advised to withdraw your STSOL holdings as soon as possible to avoid potential losses.
5) Users who still hold STSOL on [Gate.io](https://www.gate.io "Gate.io") after July 8, 2024 can apply for a buyback by filling out a form. [Gate.io](https://www.gate.io "Gate.io") will repurchase STSOL at a price of 34.324 USDT, with a maximum compensation limit of 100 USDT per user.

To apply for the compensation, users must fill out the provided form between July 8, 2024, 16:00 UTC and July 15, 2024, 16:00 UTC.

Form Link:https://www.gate.io/questionnaire/4664

Withdraw STSOL: https://www.gate.io/myaccount/withdraw/STSOL

Official Source: https://blog.lido.fi/sunset-lido-on-solana/

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Gate.io Team
June 18th, 2024

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