Announcements Gate.io Supports Mines of Dalarnia (DAR) Migration to Dar Open Network (D)

Gate.io Supports Mines of Dalarnia (DAR) Migration to Dar Open Network (D)

2024-12-19 11:04:29 UTC 71568 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the Mines of Dalarnia (DAR) project team, the Mines of Dalarnia (DAR) tokens will be migrated to Dar Open Network (D) at a ratio of  1 : 1. Gate.io will support this migration and provide seamless token swap services for users. If you currently hold Mines of Dalarnia (DAR) on Gate.io, no action is required on your part.

**Details: **
1) Gate.io will close the new margin borrowing and crypto loan services for Mines of Dalarnia (DAR) before December 20, 2024, 08:00 UTC.
2)  Users who have active positions in the Mines of Dalarnia (DAR) futures trading market are encouraged to adjust your strategies in advance. Starting from December 21, 2024, 08:00 UTC, the DAR/USDT futures trading market will switch to a "Reduce-only" mode.
3) On December 22, 2024, 08:00 UTC, Gate.io will automatically settle open futures trading positions at the average index price in the half-hour before the futures trading stops. Any outstanding orders will be canceled automatically. Users with open positions in this market should adjust your strategies and close positions before December 22, 2024, 08:00 UTC to avoid automatic settlement.
4) Starting from January 6, 2025, 03:00 UTC, Gate.io will suspend the deposit, withdrawal, and trading services for Mines of Dalarnia (DAR), including DAR_USDT, DAR_ETH, and DAR_TRY spot trading pairs, quant grid trading, Simple Earn, and margin trading.
5) Users with active quant grid trading positions for Mines of Dalarnia (DAR) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before January 6, 2025, 03:00 UTC.
6) Users with Mines of Dalarnia (DAR) assets in Simple Earn may manually redeem them in advance. Otherwise, the assets will be liquidated before January 6, 2025, 03:00 UTC.
7) Users with outstanding Mines of Dalarnia (DAR) loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically before January 6, 2025, 03:00 UTC.
8) New Dar Open Network (D) Token ID: 0x33b481CbBF3c24f2B3184Ee7Cb02dAAD1C4F49A8 (ETH)
0x8fB238058E71f828F505582E65b1D14f8cf52067 (BSC)

It is important to note that the new Dar Open Network (D) token has the risk of unlimited token issuance. Additionally, Gate.io will no longer support Mines of Dalarnia (DAR). The listing time for Dar Open Network (D) will be announced separately after Gate.io completes the listing review.

Project Team’s Announcement: https://medium.com/DarOpenNetwork/dar-to-d-token-conversion-a-new-chapter-for-dar-open-network-6c742fc18103

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Gate.io Team
December 19th, 2024

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Gate.io Supports Mines of Dalarnia (DAR) Migration to Dar Open Network (D)

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