Gate to Delist Aragon (ANT) and Support Redemption for ETH

According to the Aragon (ANT) project team, Gate will delist the Aragon (ANT) trading market and facilitate the redemption ANT for ETH. After the delisting, Gate will continue to provide withdrawal services for ANT for one month.

Details:

1. Gate will disable new margin borrowing and crypto loan services for Aragon (ANT) before August 15, 2024, 08:00 UTC.
2. Users with ongoing trades in the futures trading market should adjust your strategies in advance. From August 16, 2024, 08:00 UTC, the ANT/USDT futures trading market will switch to a "Reduce-only" mode.
3. On August 17, 2024, 08:00 UTC, Gate will automatically settle open 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 the futures market should adjust your strategies and close positions before August 17, 2024, 08:00 UTC to avoid automatic settlement.
4. Gate will open ANT deposit service starting from August 18, 2024, 08:00 UTC. If you wish to swap ANT directly on Gate, please deposit ANT on Gate before September 10, 2024, 06:00 UTC, when deposits will be closed.
5. Gate will cease ANT deposit and trading services, including ANT_USDT spot trading, quant grid trading, Simple Earn, and margin trading, starting from September 10, 2024, 06:00 UTC.
6. Users with ongoing ANT quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before September 10, 2024, 06:00 UTC.
7. Users with assets in Simple Earn may manually redeem them in advance. Otherwise, the assets will be liquidated before September 10, 2024, 06:00 UTC.
8. Users with outstanding ANT loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically before September 10, 2024, 06:00 UTC.
9. After the delisting of the ANT trading market, ANT holders who do not wish to participate in the redemption plan for ETH must withdraw your tokens as soon as possible to avoid losses.
10. Users who still hold ANT on Gate after September 10, 2024 can redeem your tokens for ETH at a ratio of 1 ANT to 0.0025376 ETH.

Deposit Aragon (ANT): https://www.gate.com/myaccount/deposit/ANT
Withdraw Aragon (ANT): https://www.gate.com/myaccount/withdraw/ANT
Official Source: https://blog.aragon.org/a-new-chapter-for-the-aragon-project/

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Gate Team
August 14, 2024