Gate Supports Token Migration from Mainframe (MFT) to Finance (HIFI)

2023-01-05 09:35:31 UTC

31,769 views

According to the Mainframe (MFT) team, Mainframe (MFT) will be swapped for Finance (HIFI) at a ratio of 100:1. Gate fully supports the token swap. If your $MFT tokens are currently on Gate, you don’t need to do anything in particular.

Gate will take the following steps to complete the swap:

Gate will close the deposit, withdrawal and trading of $MFT, including spot trading, leveraged trading, Lend & Earn, and grid trading on January 6, 2023, 04:00 AM UTC.
Users who have $MFT grid trading should adjust their trading strategies beforehand. Otherwise, they will be terminated automatically by January 6, 2023, 04:00 AM UTC.
Users who have outstanding $MFT loans in the leveraged trading market should repay the loans in advance. Otherwise, the loan will be settled automatically by January 6, 2023, 04:00 AM UTC.
Users who have assets in Lend & Earn may manually redeem their assets in advance. Otherwise they will be liquidated by January 6, 2023, 04:00 AM UTC.
The listing time of $HIFI will be announced later when Gate completes the listing review.
Contract address of $HIFI on Ethereum:
0x4b9278b94a1112cAD404048903b8d343a810B07e

Note: After the swap, Gate will not support Mainframe (MFT). Users who deposit $MFT after January 6, 2023, 04:00 AM UTC will need to withdraw the tokens manually by themselves.

Official announcement from the Mainframe (MFT) team: https://blog.hifi.finance/token-swap-mainnet-proposal-a7b0105dc488

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Gate Team
January 5, 2023