Gate to Delist The Debt Box (DEBT)

Gate has conducted a thorough reevaluation of The Debt Box (DEBT) and determined that it no longer meets our platform's trading criteria. As a result, Gate has suspended its trading service, including DEBT_USDT spot trading pair and quant grid trading. However, withdrawal services for The Debt Box (DEBT) will continue to be provided for one month.

Details:

1. Gate has suspended the deposit and trading services for The Debt Box (DEBT).
2. Gate will delist The Debt Box (DEBT) from the trading market, including DEBT_USDT spot trading pair, starting from November 13, 2024, 02:00 UTC.
3. Users with ongoing quant grid trading of The Debt Box (DEBT) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before November 13, 2024, 02:00 UTC.
4. Users unwilling to participate in the buyback after the delisting are advised to withdraw The Debt Box (DEBT) tokens as soon as possible to avoid potential losses.
5. Users holding The Debt Box (DEBT) on Gate after November 26, 2024 can apply for a buyback by filling out a form. Gate will buy back The Debt Box (DEBT) at a price of 0.205 USDT, with a maximum compensation limit of 100 USDT per user.

To apply for the compensation, users must fill out the provided form between November 26, 2024, 16:00 UTC and December 3, 16:00 UTC.

Form Link: https://www.gate.com/questionnaire/5493
Withdraw DEBT: https://www.gate.com/myaccount/withdraw/DEBT

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Gate Team
Nov 12th, 2024