Announcements Gate.io Completes DeRace (DERC) to zkRace (ZERC) Token Migration

Gate.io Completes DeRace (DERC) to zkRace (ZERC) Token Migration

2024-05-20 06:42:16 UTC 8250 Read

ZERC/USDT -6.03%

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the DeRace (DERC) project team, the DeRace (DERC) token has been swapped for zkRace (ZERC) at a 1:1 ratio. [Gate.io](https://www.gate.io "Gate.io") has successfully completed the asset swap, and users can now view the details in their Transaction History. Trading for the new $ZERC token will commence on May 21, 2024, 10:00 A.M. UTC.

Swap Ratio: 1:1
Trading Start Time: May 21, 2024, 10:00 A.M. UTC
New $ZERC Token ID:
0xf8428A5a99cb452Ea50B6Ea70b052DaA3dF4934F (ETH)

For more information, please refer to our previous announcement titled “[Gate.io Supports DeRace (DERC) to zkRace (ZERC) Token Migration](https://www.gate.io/article/36587 "Gate.io Supports DeRace (DERC) to zkRace (ZERC) Token Migration")”.

It is important to note that [Gate.io](https://www.gate.io "Gate.io") no longer supports the old $DERC token. However, the deposit and withdrawal services for the new $ZERC token will be supported. As the market for new $ZERC token may experience significant fluctuations after trading resumes, we strongly advise users to be aware of the associated risks and exercise caution.

Deposit $ZERC: https://www.gate.io/myaccount/deposit/ZERC
Trade $ZERC: https://www.gate.io/trade/ZERC_USDT

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Gate.io Team
May 20th, 2024

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Gate.io Completes DeRace (DERC) to zkRace (ZERC) Token Migration

Gate.io Completes DeRace (DERC) to zkRace (ZERC) Token Migration

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