Announcements Gate.io not Supporting ETHA Lend (ETHA) Token Swap

Gate.io not Supporting ETHA Lend (ETHA) Token Swap

2024-12-17 04:16:00 UTC 10952 Read

[//]:content-type-MARKDOWN-DONOT-DELETE

According to the official announcement from the [ETHA Lend (ETHA) project team](https://medium.com/etha/etha-to-prf-migration-is-live-96e68305560d ), ETHA Lend (ETHA) will be migrated to the new Parifi Protocol (PRF) token at a ratio of 1 old token: 0.201 new tokens. During the migration process, [Gate.io](https://www.gate.io/ "Gate.io") has actively cooperated with the project team to faciitate the token swap. However, after multiple discussions, the project team has decided not to provide token swap services for Gate.io users. Gate.io apologizes for not being able to offer a smooth and convenient token swap service for all users. Users will need to swap their tokens via the official channel provided by the project team.[Gate.io](https://www.gate.io/ "Gate.io") soon open withdrawals shortly and continue to provide withdrawal services for one month. Users are encouraged to withdraw their tokens to their personal wallets as soon as possible.

**Swap Methods:**
1) https://migration.ethalend.org/ - Swap period: July 20, 2024 - July 20, 2027 (Swap old ERC20 tokens for new ERC20 tokens).
2) https://bridge.arbitrum.io/ - Swap new ERC20 tokens (ETHA) for PRF.

Please note: The swap process is subject to the project team's official announcement. For detailed swap instructions, please refer to the project team's official announcement.

**Steps Gate.io will take:**
1) Gate.io has closed the deposit and trading services for ETHA Lend (ETHA).
2) Gate.io will soon open withdrawals and provide withdrawal services for one month. Users are strongly encouraged to withdraw your tokens promptly and complete the swap through the channels provided by the ETHA official announcement to avoid losses.

Please note, ETHA token holders must swap your tokens independently. Ensure you withdraw your ETHA tokens and complete the swap before the deadline to avoid any losses. After this token swap, the total token supply will increase from 30 million to 1 billion. Please be aware of market risks and proceed with caution.

Withdraw ETHA :https://www.gate.io/myaccount/withdraw/ETHA
ETHA Official Announcement: https://medium.com/etha/etha-to-prf-migration-is-live-96e68305560d

<sp>
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Gate.io Team
December 17th, 2024

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