Gate Supports Beefy.Finance (BEEFI) Token Migration

According to the Beefy.Finance (BEEFI) team, Beefy.Finance (BEEFI) will be migrated to new tokens at a ratio of 1:1 based on a snapshot to be taken on October 17, 2023, 00:00 UTC. Gate fully supports the migration and will swap tokens for users. If your Beefy.Finance (BEEFI) tokens are currently on Gate, you don’t need to do anything in particular.

Details:

1. Gate will suspend the deposit and withdrawal of Beefy.Finance (BEEFI) on October 14, 2023, 06:00 A.M. UTC.
2. User trading activities will not be affected during the token swap period.
3. After the swap is completed, Gate will resume deposit and withdrawal services for the new Beefy.Finance (BEEFI) tokens.
4. New $BEEFI Token ID:
   0xB1F1ee126e9c96231Cc3d3fAD7C08b4cf873b1f1 (ETH)

Please note that after the swap is completed, Gate will no longer support the old Beefy.Finance (BEEFI) tokens, but will support the deposit and withdrawal services for the new Beefy.Finance (BEEFI) tokens.

Project team’s announcement: https://beefy.com/articles/migration-implementation/

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Gate Team
October 13,2023