Announcements Gate.io to Delist SpiritSwap (SPIRIT)

Gate.io to Delist SpiritSwap (SPIRIT)

2025-02-14 09:05:18 UTC 28330 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
Due to the migration of Fantom (FTM) to Sonic (S) tokens and SpiritSwap (SPIRIT) only supporting deposits and withdrawals on the FTM chain, <a href="https://www.gate.io/" target="_blank">Gate.io</a> will delist SpiritSwap (SPIRIT) to protect user assets and enhance the trading experience. This delisting includes the SPIRIT_USDT spot trading pair and quantitative grid trading services. To help users manage their assets more flexibly, <a href="https://www.gate.io/" target="_blank">Gate.io</a> will offer a buyback subsidy. Users may also choose to retain their SPIRIT tokens instead of participating in the buyback. However, although we have been in contact with the SPIRIT project team, we have been informed that they have no further plans to develop or migrate the tokens. Therefore, holders must bear the potential risks associated with the FTM chain migration on their own, including, but not limited to, restricted transfer functionality.

**Details**:

1) Gate.io has suspended the deposit and withdrawal services for SpiritSwap (SPIRIT).
2) Gate.io will suspend the trading services for SpiritSwap (SPIRIT), including the SPIRIT_USDT spot trading pair and quantitative grid trading, starting at 03:00 AM UTC on February 21, 2025.
3) Users who have active quantitative grid trading of SpiritSwap (SPIRIT) should adjust their trading strategies beforehand. Otherwise, the trades will be terminated automatically before 03:00 AM UTC on February 21, 2025.
4) Users holding SpiritSwap (SPIRIT) on <a href="https://www.gate.io/" target="_blank">Gate.io</a> after 03:00 AM UTC on February 21, 2025 can participate in our buyback by submitting a form. Gate.io will buy back SpiritSwap (SPIRIT) at a price of 0.00005474 USDT, with a maximum buyback limit of 100 USDT per user.

Users are required to submit the application form between 03:00 AM UTC on February 21, 2025 and 16:00 UTC on February 27, 2025
Form Link:https://www.gate.io/zh/questionnaire/6182

Important Note: Users should conduct their own research and assume the associated risks when participating in market transactions. We appreciate your understanding and support. If you have any questions or suggestions, please feel free to contact our customer service team. We are committed to providing you with the best possible services.

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Gate.io Team
February 14, 2025

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