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      Gate.io’s Updates on the Progress of SpongeBob (SPONGE) Token Migration

      According to the SpongeBob (SPONGE) team, the SpongeBob (SPONGE) token will be swapped for the new one at a 1:1 ratio based on the snapshot taken on February 5, 2024, 23:00 UTC. Gate.io has suspended the deposit, withdrawal, and trading services of SpongeBob (SPONGE) at the request of the project team. For details, please refer to Gate.io Suspends SpongeBob (SPONGE) Deposit, Withdrawal, and Trading.

      Currently, the SPONGE project team has not provided specific details regarding the token swap, but we will closely monitor its progress. You can also stay updated by following the project team's announcements on this matter. If there are any updates, we will announce and notify accordingly. Thank you for your understanding and support.

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      Gate.io TeamMarch 28th, 2024

      Read the original article at gate-io

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