Announcements Gate.io to Delist Formation FI (FORM)

Gate.io to Delist Formation FI (FORM)

2024-09-02 09:05:48 UTC 16349 Read

FORM/USDT + 1.83%

[//]:content-type-MARKDOWN-DONOT-DELETE
[Gate.io](https://www.gate.io "Gate.io") has conducted a thorough reevaluation of Formation FI (FORM) and determined that it no longer meets our platform's trading criteria. As a result, [Gate.io](https://www.gate.io "Gate.io") will delist Formation FI (FORM) from the trading market, including FORM_USDT and FORM_ETH spot trading, quant grid trading, and liquidity mining. However, withdrawal services for Formation FI (FORM) will continue to be provided for a period of 1 month.

Details:
1) [Gate.io](https://www.gate.io "Gate.io") has closed the deposit service for Formation FI (FORM).
2)[Gate.io](https://www.gate.io " Gate.io") will delist Formation FI (FORM) from the trading market, including FORM_USDT and FORM_ETH spot trading, quant grid trading, and liquidity mining, starting from Sepetmber 9, 2024, 03:00 A.M. UTC.
3) Users with ongoing quant grid trading of Formation FI (FORM) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before Sepetmber 9, 2024, 03:00 A.M. UTC.
4) Users who have provided liquidity for Formation FI (FORM) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before Sepetmber 9, 2024, 03:00 A.M. UTC.
5) Users unwilling to participate in the buyback after the delisting are advised to withdraw your Formation FI (FORM) holdings as soon as possible to avoid potential losses.
6) Users who still hold Formation FI (FORM) on [Gate.io](https://www.gate.io "Gate.io") after September 22, 2024 can apply for a buyback by filling out a form. Gate.io will buy back Formation FI (FORM) at a price of 0.00002292 USDT, with a maximum compensation limit of 100 USDT per user.

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

Form Link: https://www.gate.io/questionnaire/5039

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

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Gate.io Team
Sep 2nd, 2024

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