Announcements Gate.io Will Not Support QLINK (QLC) to Kepple (KPL) Token Swap and Will Delist QLINK (QLC)

Gate.io Will Not Support QLINK (QLC) to Kepple (KPL) Token Swap and Will Delist QLINK (QLC)

2023-04-25 07:16:42 UTC 50333 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the QLINK (QLC) team, QLINK (QLC) would be swapped for Kepple (KPL) at a ratio of 1:1. However, Gate.io is unable to provide token swap service for users and will delist the QLINK (QLC) trading market on April 28th, 2023, 10:00 a.m. UTC. Gate.io users will need to swap their tokens themselves through the official swap portal provided by the project party. We are sorry for not being able to provide a conveninent token swap service this time.

It is important to note that the total token supply for this project will increase from 600 million to 750 million, with an additional issuance of 150 million tokens. There may be a risk of unlimited token issuance in the future. Users should be wary of the risks involved and claim the new tokens themselves. It is highly recommended that users withdraw their tokens to their personal wallets as soon as possible.

Swap ratio: 1:1
Official swap deadline: July 31st, 2023
Swap portal link: https://portal.kepple.io/
The new KPL contract address: 0x8ffDcB0caBcCf2767366a2EBa6e2fdcc37baa1B2（bsc）

1) Gate.io has suspended the deposit of QLC.
2) Gate.io will suspend QLC trading services, including grid trading, on April 28th, 2023, 10:00 a.m. UTC.
3) Gate.io will continue to provide QLC withdrawal services for a period of 3 months.
4) Users who have QLC grid trading should adjust their trading strategies beforehand. Otherwise, they will be terminated automatically by April 28th, 2023, 10:00 a.m. UTC.

Please note that the QLC tokens will be replaced by the new KPL tokens, and users should withdraw their QLC tokens and conduct the token swap before the official deadline to avoid any losses.

Project team announcement: 
https://twitter.com/Kepple_io/status/1647931336139632641
Official Redemption Guide: 
https://keppleio.medium.com/how-to-token-swap-guide-qlc-to-kpl-956fb779ac1c
Withdraw QLC: 
https://www.gate.io/myaccount/withdraw/QLC

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Gate.io Team
April 25,2023

Gate.io Will Not Support QLINK (QLC) to Kepple (KPL) Token Swap and Will Delist QLINK (QLC)

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