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Gate.io Supports aelf(ELF)Mainnet Token Swap

2021-09-15 08:16:01Read:15857

According to the aelf team, aelf mainnet swap has started; the ERC 20 ELF tokens will be migrated to the mainnet token at the swap ratio of 1:1. Gate.io has completed the mainnet upgrade and support token migration for users. After an early swap with a 5% bonus, we are going to support both ERC20 and Mainnet ELF token deposits, for about 2 months as an effort to facilitate swap for more users. If your ELF tokens are on Gate.io, you don’t have to do anything in particular; if not, you are recommended to deposit your ERC20 ELF tokens to Gate.io for a swap.

The swap ratio : 1:1
Gate.io ELF Token Swap Close Date: November 15th,2021, 4:00 AM UTC.

About the 5% Swap Bonus:
The aelf team provides a 5% bonus to users who swap earlier. Gate.io will distribute the bonus we received to users according to user balance snapshot taken on September 21st, 4:00 AM UTC.

Below are more details:
1.Gate.io will suspend the ELF deposits and withdrawals on September 21st, 2:00 AM UTC.
2.Gate.io will take snapshot of user’s balance on September 21st, 4:00 AM UTC, bonus we received will be distributed to users based on the snapshot. Mainnet token deposits are exluded from the bonus snapshot.
3. After this token swap, Gate.io will open deposits for both main net and ERC20 tokens. But token deposited after Sep 21st, 2:00 AM will not be eligible for any swap bonus.

Deposit ELF at https://www.gate.io/myaccount/deposit/ELF
ELF/USDT Market: https://www.gate.io/trade/ELF_USDT
ELF/ETH Market: https://www.gate.io/trade/ELF_ETH
Learn more: https://medium.com/aelfblockchain/q-a-all-you-need-to-know-about-the-aelf-mainnet-token-swap-9b6f16f2f334

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Gate.io Team

Sep 15, 2021

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