Announcements Gate.io to Delist Fanadise (FAN)

Gate.io to Delist Fanadise (FAN)

2024-07-05 08:47:27 UTC 17277 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
[Gate.io](https://www.gate.io "Gate.io") has conducted a thorough reevaluation of the Fanadise (FAN) project and concluded that it no longer meets our platform's trading criteria. As a result, [Gate.io](https://www.gate.io "Gate.io") will delist Fanadise (FAN) from the trading market, including spot trading, quant grid trading, and liquidity mining, but will continue to provide withdrawal services for 1 month.

Details:
1) [Gate.io](https://www.gate.io "Gate.io") has suspended the deposit service for Fanadise (FAN).
2) [Gate.io](https://www.gate.io "Gate.io") will disable the trading service for Fanadise (FAN), including spot trading, quant grid trading, and liquidity mining, starting from July 12, 2024, 06:00 A.M. UTC.
3) Users who have in-progress Fanadise (FAN) quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before July 12, 2024, 06:00 A.M. UTC.
4) Users who have provided liquidity for Fanadise (FAN) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before July 12, 2024, 06:00 A.M. UTC.
5) Users unwilling to participate in the buyback after the delisting are advised to withdraw your Fanadise (FAN) holdings as soon as possible to avoid potential losses.
6) Users who still hold Fanadise (FAN) on [Gate.io](https://www.gate.io "Gate.io") after July 25, 2024 can apply for a buyback by filling out a form. [Gate.io](https://www.gate.io "Gate.io") will repurchase Fanadise (FAN) at a price of 0.000019 USDT, with a maximum compensation limit of 100 USDT per user.

To apply for the compensation, users must fill out the provided form between July 25, 2024, 16:00 UTC and August 1, 2024, 16:00 UTC.
Form Link: https://www.gate.io/questionnaire/4718
Withdraw Fanadise(FAN): https://www.gate.io/zh/myaccount/withdraw/FAN

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Gate.io Team
July 5th, 2024

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