Gate Completes SingularityDAO (SDAO) and Cogito Finance (CGV) Merger into Singularity Finance (SFI)

According to the official announcement from SingularityDAO (SDAO), SingularityDAO (SDAO) and Cogito Finance (CGV) have been merged into Singularity Finance (SFI). Gate has completed this token merger, and users can now view the details in their Transaction History. The new Singularity Finance (SFI) tokens will begin trading at 03:00 AM UTC on February 19, 2025.

Swap Ratio:
1 SDAO = 1 SFI
1 CGV = 0.14122 SFI
Trading Start Time: February 19, 2025, 03:00 AM UTC
New SFI Token ID: 0x7636d8722fdf7cd34232a915e48e96aa3eb386bf (ETH)

For more details, please refer to:

Gate Supports SingularityDAO (SDAO) and Cogito Finance (CGV) Merger to Singularity Finance (SFI)

Pleasr note that after the merger, the new SFI tokens may have the risks of unlimited issuance and the potential suspension of the futures trading. After the token swap, the total token supply will increase, and the tokenomics will change accordingly. Gate will no longer support SingularityDAO (SDAO) and Cogito Finance (CGV), but will support deposits and withdrawals for the new Singularity Finance (SFI) tokens. Given that the SFI market may experience significant fluctuations after trading resumes, we strongly advise users to carefully assess the associated risks and proceed with caution.

Deposit SFI: https://www.gate.com/myaccount/deposit/SFI
Trade SFI: https://www.gate.com/trade/SFI_USDT

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Gate Team
February 14, 2025