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Gate.io Will Delist YFII from Lend & Earn, Crypto Loan and Margin Borrowing
Gate.io will delist YFII from borrowable assets from Crypto Loan，Lending and margin borrowing on Feb 20, 2024..
1) On Feb 4, 2024, Gate.io suspended new YFII loan on Crypto Loan，Lending and Margin Borrowing.
2) 0n Feb 20, 2024, Gate.io will close YFII/USDT margin trading’ positions, cancel all pending orders and conduct auto-settlement to repay YFII margin loan.
3) 0n Feb 20, 2024, Gate.io will conduct auto-repayment of outstanding YFII loans in Crypto Loan and delist YFII from Crypto LoanLending and Margin Borrowing.
Users who have borrowed YFII should repay the loan and close outstanding positions beforehand. Otherwise, the loan will be auto-repaid and the outstanding positions will be closed on Feb 20, 2024.
If you are an effaced user, it is highly recommended that you conduct your repayment beforehand to avoid potential losses.
Gateway to Crypto
Trade over 1,700 cryptocurrencies safely, quickly and easily on Gate.io
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Twitter: https://twitter.com/gate_io
GateVIP Twitter: https://twitter.com/Gateio_Inst
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Medium: https://gateio.medium.com/
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
February 4, 2024
Read the original article at gate-io 1) On Feb 4, 2024, Gate.io suspended new YFII loan on Crypto Loan，Lending and Margin Borrowing.
2) 0n Feb 20, 2024, Gate.io will close YFII/USDT margin trading’ positions, cancel all pending orders and conduct auto-settlement to repay YFII margin loan.
3) 0n Feb 20, 2024, Gate.io will conduct auto-repayment of outstanding YFII loans in Crypto Loan and delist YFII from Crypto LoanLending and Margin Borrowing.
Users who have borrowed YFII should repay the loan and close outstanding positions beforehand. Otherwise, the loan will be auto-repaid and the outstanding positions will be closed on Feb 20, 2024.
If you are an effaced user, it is highly recommended that you conduct your repayment beforehand to avoid potential losses.
Gateway to Crypto
Trade over 1,700 cryptocurrencies safely, quickly and easily on Gate.io
Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.
Reach out to us!
Twitter: https://twitter.com/gate_io
GateVIP Twitter: https://twitter.com/Gateio_Inst
Telegram: https://t.me/gate_zh
API Telegram: https://t.me/gateioapi
Instagram: https://www.instagram.com/gateioglobal
Medium: https://gateio.medium.com/
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
February 4, 2024
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