Gate support the renaming of Polyhedra Network (ZK) to Polyhedra Network (ZKJ) and will take the deposit, withdrawal, and trading services for Polyhedra Network (ZK) offline, including spot trading, futures trading, quant grid trading, Simple Earn, and margin trading. After the renaming is completed, the Polyhedra Network project will be relisted on Gate with the new trading symbol ZKJ.
Details:
- Gate will disable new margin borrowing and crypto loan services for $ZK beforeJune 1, 2024, 03:00 A.M. UTC.
- Users who have ongoing trades in the futures trading market are encouraged to adjust your strategies in advance. From June 2, 2024, 08:00 A.M. UTC, the ZK/USDT futures trading market will switch to a "Reduce-only" mode.
- On June 3, 2024, 08:00 A.M. UTC, Gate will automatically settle open positions at the average index price in the half-hour before the futures trading stops. Any outstanding orders will be canceled automatically. Users with open positions in the futures market should adjust your strategies and close positions before June 3, 2024, 08:00 A.M. UTC to avoid automatic settlement.
- Starting from June 4, 2024, 03:00 A.M. UTC, Gate will suspend the deposit, withdrawal, and trading services for $ZK, including spot trading, quant grid trading, Simple Earn, and margin trading.
- Users who have ongoing $ZK quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before June 4, 2024, 03:00 A.M. UTC
- Users who have assets in Simple Earn may manually redeem them in advance. Otherwise the assets will be liquidated before June 4, 2024, 03:00 A.M. UTC.
- Users who have outstanding $ZK loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically before June 4, 2024, 03:00 A.M. UTC.
It is important to note that the rebranding is merely a change in name and does not involve any blockchain migration.
Gate users don’t need to do anything in particular. If you wish to undergo the rebranding process for your $ZK on Gate, please deposit $ZK into Gate.
Deposit $ZK: https://www.gate.com/myaccount/deposit/ZK
Trade $ZK: https://www.gate.com/trade/ZK_USDT
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Gate Team
May 31th, 2024
