Gate to Delist Neutrino USD (USDN) | Gate

2023-09-27 03:59 (UTC)
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According to the Neutrino USD (USDN) team, Neutrino USD (USDN) will be rebranded as Neutrino Index Token (XTN). After a thorough reevaluation of the project, Gate has decided not to support this rebranding and has subsequently delisted the USDN trading market. Currently, the price of USDN in external markets has dropped to approximately 0.08 USDT, and the USDN project team has declined to compensate users for their losses. Given the situations, Gate decided to conduct a buyback of USDN at a price of 0.2 USDT. If you do not wish to participate in our buyback, we strongly recommend withdrawing your USDN tokens promptly to avoid any losses. After the delisting, Gate will continue to provide withdrawal services for one month.

Details:

  1. Gate has closed the deposits and trading services for USDN.
  2. Users who still hold USDN on Gate after October 11, 2023 can submit a form to participate in our buyback program. Gate will repurchase USDN at a price of 0.2 USDT. The maximum amount a single user can apply for is 100 USDT.

Users are requested to fill out the following form and submit your applications between October 11, 2023 and October 18, 2023.
Link to the form: https://www.gate.com/questionnaire/3672

Withdraw USDN: https://www.gate.com/zh/myaccount/withdraw/USDN

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Gate Team
September 27,2023

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