Gate to Delist Karus Starter (KST)

After a reevaluation about the Karus Starter (KST) project, Gate has determined that it no longer meets the criteria for trading on our platform. As a result, Gate plans to delist Karus Starter (KST) from the trading market, including spot trading and quant trading, but will continue to provide withdrawal services for users for a period of 1 month.

Details:

1. Gate has suspended the deposit service for Karus Starter (KST).
2. Gate will suspend the trading service for Karus Starter (KST), including spot trading, quant trading, and liquidity mining, on December 27, 2023, 06:00 A.M. UTC.
3. Users who have in-progress Karus Starter (KST) quant trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before December 27, 2023, 06:00 A.M. UTC.
4. Users who have provided liquidity for Karus Starter (KST) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before December 27, 2023, 06:00 A.M. UTC.
5. For users who do not wish to participate in our buyback after the delisting, we strongly encourage you to withdraw your Karus Starter (KST) tokens as soon as possible to avoid any potential losses.
6. Users who still hold Karus Starter (KST) on Gate after January 8, 2024 can submit a form to participate in our buyback. Gate will repurchase Karus Starter (KST) at a price of 0.0005 USDT. The maximum compensation amount a single user can apply for is 100 USDT.
   To apply for the compensation, users are requested to fill out the following form between January 8, 2024, 16:00 UTC and January 15, 2024, 16:00 UTC.

Link to the form:https://www.gate.com/questionnaire/3971
Withdraw KST：https://www.gate.com/myaccount/withdraw/KST

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Gate Team
December 26th, 2023