Announcements Gate.io to Delist OBOT (OBOT) and Offer Buyback, Token Swap Not Supported

Gate.io to Delist OBOT (OBOT) and Offer Buyback, Token Swap Not Supported

2025-02-11 10:10:25 UTC 20417 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the <a href="https://x.com/o_fndn/status/1885319811103642038" rel="nofollow noopener noreferrer" target="_blank">official OBOT announcement</a>, OBOT will undergo a token swap. After careful evaluation, <a href="https://www.gate.io/" target="_blank">Gate.io</a> has decided not to support this swap. Users must <a href="https://docs.o.xyz/p/CTSVW8FJ7bGfjZ/Token-Migration-Details" rel="nofollow noopener noreferrer" target="_blank">swap their tokens</a> themselves following the steps outlined by the project team. Additionally, <a href="https://www.gate.io/" target="_blank">Gate.io</a> will delist OBOT (OBOT), including OBOT_USDT spot trading pair and quantitative grid trading, but will continue to provide OBOT withdrawal services for one month.

**Details**:

1) Gate.io has suspended the deposit services for OBOT (OBOT).
2) Gate.io will delist OBOT (OBOT) from our trading market, including OBOT_USDT spot trading pair and quantitative grid trading, starting at 03:00 UTC on February 12, 2025.
3) Users who have active quantitative grid trading of OBOT (OBOT) should adjust their trading strategies beforehand. Otherwise, the trades will be terminated automatically before 03:00 UTC on February 12, 2025.
4) Users who do not wish to participate in the buyback are advised to withdraw their OBOT (OBOT) holdings as soon as possible to avoid potential losses.
5) Users holding OBOT (OBOT) on <a href="https://www.gate.io/" target="_blank">Gate.io</a> after February 25, 2025 can apply for our buyback by submitting a form. Gate.io will buy back OBOT (OBOT) at a price of 0.0003382 USDT, with a maximum buyback limit of 100 USDT per user.

To apply for the compensation, users must submit the following form between February 25, 2025, 16:00 UTC and March 4, 2025, 16:00 UTC.

Form Link: https://www.gate.io/questionnaire/6153
Withdraw OBOT: https://www.gate.io/myaccount/withdraw/OBOT
 
OBOT Official Announcement: https://x.com/o_fndn/status/1885319811103642038

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Gate.io Team
February 11, 2025

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Gate.io to Delist OBOT (OBOT) and Offer Buyback, Token Swap Not Supported

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