Gate.io Not Support LGCY Network (LGCY) to LGCY Network (LGXY) Migration & to Delist LGCY Network (LGCY)

According to the LGCY Network (LGCY) project team, LGCY Network (LGCY) will be swapped for LGCY Network (LGXY) at a ratio of 1:1. However, Gate.io regrets to inform users that it cannot provide a seamless token swap service. We apologize for any inconvenience this may cause. Notably, Gate.io has halted the trading service for $LGCY, including spot trading, quant grid trading, and liquidity mining, but will continue to offer withdrawal services for a period of 1 month.

Key Details:1) Gate.io has suspended the deposit and trading services for $LGCY.2) Gate.io will suspend the quant gird trading for $LGCY from April 24, 2024, 06:00 A.M. UTC.3) Users who have in-progress $LGCY quant grid trading should adjust their trading strategies beforehand. Otherwise, the trades will be terminated automatically before April 24, 2024, 06:00 A.M. UTC.4) Users providing liquidity for $LGCY in the liquidity mining market should withdraw their liquidity in advance. Otherwise the liquidity will be automatically redeemed before April 24, 2024, 06:00 A.M. UTC.5) Users unwilling to participate in the buyback after delisting are advised to withdraw their $LGCY holdings as soon as possible to avoid any potential losses.6) Users who still hold $LGCY on Gate.io after May 7, 2024 can apply for a buyback by filling out a form. Gate.io will repurchase $LGCY at a price of 0.0000236 USDT, with a maximum compensation limit of 100 USDT per user.

To apply for compensation, users must fill out the provided form between May 7, 2024, 16:00 UTC and May 14, 2024, 16:00 UTC.Form Link: https://www.gate.io/questionnaire/4422

Please note that the $LGCY token will be replaced by $LGXY. Holders are strongly advised to withdraw their $LGCY token to avoid any potential losses.

Withdraw $LGCY：https://www.gate.io/myaccount/withdraw/LGCYOfficial Source: https://lgcynetwork.medium.com/trans-lgxy-565833b3e068