Gate will rename Franklin(FLY) to Franklin(FRANKLINFLY). As part of this process, Gate will suspend the deposit, withdrawal, and trading services for Franklin(FLY), including the FLY_USDT spot trading pair, quantitative grid trading, Simple Earn and margin trading, starting on June 5, 2025, at 10:00 UTC.

Gate will take the following steps for the renaming:

1. Margin lending and collateral lending for Franklin(FLY) have already been disabled.
2. At 10:00 on June 5, 2025 UTC, Gate will suspend Franklin(FLY)’s deposit, withdrawal, and trading services, including the FLY_USDT spot trading pair, quantitative grid trading, Simple Earn, and margin trading.
3. If you have any active quantitative trading strategies, please adjust them in advance. Otherwise, they will be forcibly terminated before 10:00 on June 5, 2025 UTC.
4. If you have assets in Simple Earn, you may redeem them manually in advance. Otherwise, they will be redeemed automatically before 10:00 on June 5, 2025 UTC.
5. If users have any outstanding Franklin(FLY) loans in the margin trading market, please repay them in advance. Otherwise, Gate will automatically settle them before 10:00 on June 5, 2025 UTC.

This renaming only involves a change to the token ticker and does not include any blockchain swap or migration. Gate users do not need to take any additional actions. The security of user assets will not be affected. Once the renaming is complete, the token will be re-evaluated and re-listed under the new ticker. Please stay tuned for further announcements.

Deposit FLY: https://www.gate.com/myaccount/deposit/FLY
Trade FLY: https://www.gate.com/trade/FLY_USDT

Gate Team
Jun 5th, 2025

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