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Gate.io Completed GraphLinq Protocol (GLQ) Token Migration
According to the GraphLinq Protocol (GLQ) team, the GraphLinq Protocol (GLQ) tokens would be migrated to the mainnet at a ratio of 1:1. Gate.io has completed the migration and will enable deposit and withdrawal services for the mainnet tokens soon.
Gate.io will no longer support the old GLQ token, but will support the deposit and withdrawal of the mainnet token.
Please note that after this migration, the total supply of GLQ will increase from 500 million to 650 million. The GLQ mainnet tokens will increase block rewards (5 GLQ per block with a block time of 15 seconds) and a burning fee. This means that the total supply of GLQ may exceed 650 million in the future. Due to changes in its tokenomics, the token price may fluctuate. Traders should have a clear understanding of potential market risks and trade with caution.
Deposit GLQ: https://www.gate.io/zh/myaccount/deposit/GLQTrade GLQ: https://www.gate.io/trade/GLQ_USDT
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Gate.io TeamApril 11,2023
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