gate Announcement on supporting the token migration from Mines of Dalarnia (DAR) to Dar Open Network (D) Token

According to the official announcement of Mines of Dalarnia (DAR), Mines of Dalarnia (DAR) will be migrated to the new token Dar Open Network (D) at a 1:1 ratio. Gate.io will support this token migration and provide token migration services to users. Users on the platform do not need to take any action to complete the migration.

Gate.io will take the following steps for migration:

  1. Gate.io will close the new leveraged borrowing and collateral borrowing of Mines of Dalarnia (DAR) before 16:00 on December 20, 2024 (UTC+8).
  2. If there are any trades in the contract market, please adjust your strategy in advance. As of 16:00 on December 21, 2024 (UTC+8), the DAR/USDT contract trading market will be adjusted to only reduce positions mode.
  3. At 16:00 on December 22, 2024 (UTC+8), Gate.io will automatically settle the contract positions based on the average index price in the half hour before the contract trading stops. Any unexecuted orders will be automatically cancelled. If you have any trades in the contract market, please adjust your strategy in advance and close your positions before 16:00 on December 22, 2024 (UTC+8), otherwise they will be automatically settled.
  4. Gate.io will suspend the deposit, withdrawal and trading services of Mines of Dalarnia (DAR) including DAR_USDT, DAR_ETH, DAR_TRY spot trading pairs, quant grid trading, margin trading at 11:00 on January 6, 2025 (UTC+8).
  5. If there is a quantitative trading strategy in execution, please adjust the strategy in advance. Otherwise, it will be forcibly stopped before 11:00 on January 6, 2025 (UTC+8).
  6. If you still have assets in the balance treasure, you can redeem them in advance, otherwise it will be forcibly stopped before 11:00 on January 6, 2025 (UTC+8).
  7. Users who have outstanding loans for Mines of Dalarnia (DAR) in the margin trading market, please repay in advance, otherwise automatic settlement repayment will be made before 11:00 on January 6, 2025 (UTC+8).
  8. DAR Open Network (D) new token contract address: 0x33b481CbBF3c24f2B3184Ee7Cb02dAAD1C4F49A8 (ETH) 0x8fB238058E71f828F505582E65b1D14f8cf52067 (BSC )

Please note that there is a risk of unlimited token issuance for the new token of Dar Open Network (D), and Gate.io will no longer support the old token of Mines of Dalarnia (DAR). The online time of the new token of Dar Open Network (D) will be announced separately after the completion of the token online review.

Official announcement: https://medium.com/DarOpenNetwork/dar-to-d-token-conversion-a-new-chapter-for-dar-open-network-6c742fc18103

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Gate.io December 19, 2024

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