According to the official announcement from MODA DAO (MODA), MODA DAO (MODA) has suffered a hack and will proceed with a token swap. After comprehensive evaluation, Gate decided not to support this token swap. As a result, Gate will delist MODA DAO (MODA) from our trading market, including the MODA_USDT and MODA_ETH spot trading pairs, as well as quantitative grid trading. Following the delisting, Gate will continue to provide token holders with a withdrawal service for a period of 1 month.
Details:
- Gate has suspended the deposit and trading services for MODA DAO (MODA).
- Gate will delist MODA DAO (MODA) from our trading market, including MODA_USDT and MODA_ETH spot trading pairs, as well as quantitative grid trading, starting from January 14, 2025, 03:00 UTC.
- Users with ongoing quant grid trading of MODA DAO (MODA) should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before January 14, 2025, 03:00 UTC.
- Users unwilling to participate in the buyback after the delisting are advised to withdraw your MODA DAO (MODA) holdings as soon as possible to avoid potential losses.
- Users holding MODA DAO (MODA) on Gate after January 27, 2025 can apply for a buyback by filling out a form. Gate will buy back MODA DAO (MODA) at a price of 0.0053 USDT, with a maximum compensation limit of 100 USDT per user.
To apply for the compensation, users must fill out the provided form between January 27, 2025, 16:00 UTC and February 3, 2025, 16:00 UTC.
Form Link: https://www.gate.com/questionnaire/5952
Withdraw MODA DAO (MODA)：https://www.gate.com/myaccount/withdraw/MODA
Project Team's Announcement：https://medium.com/cmdk/the-connected-music-protocol-aeb9e3d990bf
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Gate Team
January 13th, 2025
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