Gate to Delist DisBalancer（DDOS）

Gate has conducted a thorough reevaluation of DisBalancer (DDOS) and determined that it no longer meets our platform's trading criteria. As a result, Gate will delist it from our trading market, including DDOS_USDT spot trading pair, quant grid trading, Simple Earn, liquidity mining, and margin trading. However, withdrawal services for this token will continue to be provided for one month.

Details:

1. Gate has closed the deposit services for DisBalancer (DDOS).
2. Gate will close the new margin borrowing and crypto loan services for DisBalancer (DDOS) at 08:00 UTC on December 11, 2024.
3. Gate will suspend the trading services for DisBalancer (DDOS), including DDOS_USDT spot trading pair, quant grid trading, Simple Earn, liquidity mining, and margin trading, at 03:00 UTC on December 17, 2024.
4. Users with ongoing quant grid trading for DisBalancer (DDOS) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before 03:00 UTC on December 17, 2024.
5. Users who hold DDOS assets in Simple Earn may manually redeem them in advance. Otherwise, the assets will be liquidated before 03:00 UTC on December 17, 2024.
6. Users with outstanding DDOS loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically before 03:00 UTC on December 17, 2024.
7. Users who have provided liquidity for DDOS in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before 03:00 UTC on December 17, 2024.
8. Users unwilling to participate in our buyback after the delisting are advised to withdraw your DDOS holdings as soon as possible to avoid potential losses.
9. After December 30, 2024, DDOS holders on Gate can apply for a buyback by filling out a form. Gate will buy back DDOS at a price of 0.006632 USDT, with a maximum compensation limit of 100 USDT per user.

To participate in the buyback, users must fill out the provided form between December 30, 2024, 16:00 UTC and January 6, 16:00 UTC.
Form Link:https://www.gate.com/questionnaire/5688

Withdraw DisBalancer (DDOS): https://www.gate.com/myaccount/withdraw/DDOS

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Gate Team
December 10th, 2024