According to the Dock (DOCK) project team, Dock (DOCK) tokens will be merged into CHEQD NETWORK (CHEQ) at a ratio of 18.5178 DOCK : 1 CHEQ. Gate will support this merger and will provide seamless token swap services for users. If you currently hold Dock (DOCK) on Gate, no action is required on your part.
Details:
- Gate will disable new margin borrowing and crypto loan services for Dock (DOCK) before November 27, 2024, 08:00 UTC.
- Starting from November 28, 2024, 03:00 UTC, Gate will suspend the deposit, withdrawal, and trading services for Dock (DOCK), including DOCK_USDT and DOCK_ETH spot trading pairs, quant grid trading, Simple Earn, and margin trading.
- Users with ongoing Dock (DOCK) quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before November 28, 2024, 03:00 UTC.
- Users with assets in Simple Earn may manually redeem them in advance. Otherwise, the assets will be liquidated before November 28, 2024, 03:00 UTC.
- Users with outstanding Dock (DOCK) loans in the margin trading market should repay the loans in advance. Otherwise, the loan will be settled automatically before November 28, 2024, 03:00 UTC.
Please note that after the merger is completed, the CHEQ market may experience significant volatility. Users are strongly advised to be aware of the associated risks and exercise caution. Additionally, Gate will no longer support Dock (DOCK). Users who wish to participate in this merger should deposit DOCK before the service suspends.
Deposit DOCK: https://www.gate.com/myaccount/deposit/DOCK
Official Source: https://blog.dock.io/cheq-dock-token-merger-approved-an-alliance-for-decentralized-identity-adoption/
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Gate Team
Nov 26th, 2024
