gate Announcement on supporting the migration of 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 ratio of 1:1. 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 leverage borrowing and collateral borrowing of Mines of Dalarnia (DAR) before 16:00 on December 20, 2024 (UTC+8).
2. If there is any trading in the contract market, please adjust your strategy in advance. On December 21, 2024, 16:00 (UTC+8), the DAR/USDT contract trading market will be adjusted to only allow closing positions.
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 pending orders will be automatically canceled. If you have any trades in the contract market mentioned above, please adjust your strategy in advance and close the position before 16:00 on December 22, 2024 (UTC+8), otherwise it 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 trading, hodl & earn, and margin trading at 11:00 on January 6, 2025 (UTC+8).
5. If there is a quant trading strategy in progress, 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 Yield Farming, you can redeem them in advance. Otherwise, it will be forcibly stopped before 11:00 on January 6, 2025 (UTC+8).
7. If there are users who have unpaid Mines of Dalarnia (DAR) loans in the leveraged trading market, please repay them 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 new Token of Dar Open Network (D) will be announced separately after the completion of the Token listing 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