Announcements Gate.io to Delist DeSpace Protocol (DES)

Gate.io to Delist DeSpace Protocol (DES)

2024-07-08 14:02:39 UTC 23199 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
[Gate.io](https://www.gate.io "Gate.io") has conducted a thorough reevaluation of the DeSpace Protocol (DES) project and concluded that it no longer meets our platform's trading criteria. As a result, Gate.io will delist DeSpace Protocol (DES) from the trading market, including spot trading, quant grid trading, and liquidity mining, 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 DeSpace Protocol (DES).
2) Gate.io will suspend the DeSpace Protocol (DES) trading service, including spot trading, quant grid trading, and liquidity mining, starting from July 15, 2024, 03:00 A.M. UTC.
3) Users who have in-progress DeSpace Protocol (DES) quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before July 15, 2024, 03:00 A.M. UTC.
4) Users who have provided liquidity for DeSpace Protocol (DES) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before July 15, 2024, 03:00 A.M. UTC.
5) Users unwilling to participate in the buyback after the delisting are advised to withdraw your DeSpace Protocol (DES) holdings as soon as possible to avoid potential losses.
6) Users who still hold DeSpace Protocol (DES) on Gate.io after July 28, 2024 can apply for a buyback by filling out a form. [Gate.io](https://www.gate.io "Gate.io") will repurchase DeSpace Protocol (DES) at a price of 0.0001378 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 28, 2024, 16:00 UTC and August 4, 2024, 16:00 UTC.

Form Link: https://www.gate.io/questionnaire/4726

Withdraw DeSpace Protocol (DES)：https://www.gate.io/myaccount/withdraw/DES

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Gate.io Team
July 8, 2024

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