Announcements Gate.io Supports Router Protocol (ROUTE) Token Split

Gate.io Supports Router Protocol (ROUTE) Token Split

2024-08-20 06:34:25 UTC 16419 Read

ROUTE/USDT -4.04%

[//]:content-type-MARKDOWN-DONOT-DELETE
According to [the Router Protocol (ROUTE) project team](https://x.com/routerprotocol/status/1815795748388147611 "the Router Protocol (ROUTE) project team"), Router Protocol (ROUTE) tokens would undergo a split into a new token ID at a ratio of 1:33.33. [Gate.io](https://www.gate.io "Gate.io") will support the split and will provide seamless token swap services for users. If you currently hold Router Protocol (ROUTE) on Gate.io, no action is required on your part.

**Details:**
1) [Gate.io](https://www.gate.io "Gate.io") will suspend the deposit, withdrawal, and trading services for Router Protocol (ROUTE), including ROUTE_USDT spot trading and quant grid trading, starting from August 21, 2024, 03:00 A.M. UTC.
2) Users with ongoing quant grid trading of Router Protocol (ROUTE) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before August 21, 2024, 03:00 A.M. UTC.
3) New Router Protocol (ROUTE) Token ID: 0x60F67E1015b3f069DD4358a78c38f83fE3a667A9 (ETH)

Please note that after this token split, the tokenomics of ROUTE changed, with the total supply of tokens increasing from 20 million to 1,000 million. [Gate.io](https://www.gate.io "Gate.io") will no longer support the old ROUTE tokens. The listing time for new ROUTE will be announced separately after Gate.io completes the listing review.

Official Source:
https://x.com/routerprotocol/status/1815795748388147611

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Gate.io Team
August 20, 2024

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Gate.io Supports Router Protocol (ROUTE) Token Split

Gate.io Supports Router Protocol (ROUTE) Token Split

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