Gate.io announcement on the delisting of DisBalancer (DDOS)

After reevaluation by gate, the DisBalancer (DDOS) project does not meet the standards for trading. gate will delist the DisBalancer (DDOS) trading market, including the DDOS_USDT Spot trading pair, Quantitative Grid, Simple Earn, Liquidity Mining, and Margin Trading. After delisting, gate will continue to provide withdrawal services for a period of 1 month to users.

gate will take the following steps:

1. gate has temporarily suspended the recharge service of DisBalancer (DDOS). 2）gate will close the new Margin Trading and collateral borrowing of DisBalancer (DDOS) before 16:00 on December 11, 2024 (UTC+8).
2. gate will suspend the trading service of DisBalancer (DDOS) at 11:00 on December 17, 2024 (UTC+8), including the DDOS_USDTSpot trading pair, quantitative grid, Simple Earn, Liquidity Mining, and Margin Trading.
3. If there is a quant trading strategy in execution, please adjust the strategy in advance. Otherwise, it will be forcibly stopped before 11:00 on December 17, 2024 (UTC+8).
4. If you still have DDOS assets in Simple Earn, you can redeem them manually in advance, otherwise they will be forcibly stopped before 11:00 on December 17, 2024 (UTC+8).
5. If a user has an outstanding DisBalancer (DDOS) loan in the Margin Trading market, please repay it in advance, otherwise it will be automatically settled and repaid before 11:00 on December 17, 2024 (UTC+8).
6. For users who provide liquidity for DisBalancer (DDOS) in Liquidity Mining, please make sure to withdraw in advance, otherwise automatic redemption will take place before 11:00 (UTC+8) on December 17, 2024.
7. Please be sure to withdraw your tokens as soon as possible if users who hold positions in the DisBalancer (DDOS) trading market do not want to participate in the buyback after the market is delisted, in order to avoid losses.
8. DisBalancer (DDOS) holders who are still stored in gate after December 31, 2024 can submit a form to apply for repurchase, gate will repurchase at a price of 0.006632 USDT, and the maximum compensation amount for individuals is 100 USDT.

Users are requested to fill out the following form and submit an application between 00:00 (UTC+8) on December 31, 2024 and 00:00 (UTC+8) on January 7, 2025. Form link: https://www.gate.io/zh/questionnaire/5688

Withdrawal DisBalancer (DDOS): https://www.gate.io/myaccount/withdraw/DDOS

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Gate.io December 10, 2024