Gate Suspends SpongeBob (SPONGE) Deposit, Withdrawal, and Trading

According to the SpongeBob (SPONGE) team, the SpongeBob (SPONGE) token will undergo a 1:1 swap for the new token based on the snapshot taken on February 5, 2024, 23:00 UTC. As per the project team's request, Gate has temporarily closed the deposit and withdrawal services for SpongeBob (SPONGE) and will suspend the trading service for SpongeBob (SPONGE) on February 5, 2024, 06:00 a.m. UTC.

Details:

1. Gate has closed the deposit and withdrawal services for SpongeBob (SPONGE).
2. Gate will suspend the trading service for SpongeBob (SPONGE), including spot trading and quant trading, on February 5, 2024, 06:00 a.m. UTC.
3. Users who have in-progress SpongeBob (SPONGE) quant trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before February 5, 2024, 06:00 a.m. UTC.

If there are any further changes, we will make additional announcements. Thank you for your understanding and support.

Project team’s announcement:
https://x.com/spongeoneth/status/1754093839579521329?s=20

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Gate Team
February 4th, 2024