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Announcements About Supporting FIL (IPFS Filecoin) Mainnet And Enabling FIL Deposit & Withdrawal at Gate.io
About Supporting FIL (IPFS Filecoin) Mainnet And Enabling FIL Deposit & Withdrawal at Gate.io
2020-10-04 02:46:29 UTC 54279 Read
The FIL (IOU) tokens, FIL6month, traded on Gate.io were transferred in by willing users of Renrenico in 2017, which has the shortest vesting period among all the FIL tokens publicly offered to investors by IPFS. The current circulating supply at Gate.io is 2.4 million tokens. Since 2017, Gate.io has been supporting FIL trading for 3 years and is now the largest FIL exchange in the world. And we hereby make it clear that Gate.io has never had any partnership with any mining services.

According to IPFS Filecoin official, Filecoin mainnet is going to launch at block Epoch 148888, around October 15th, 2020. When the mainnet goes live, the public offered FIL token will be released linearly, per bockchain block, and according to the vesting period. For example, FIL (IOU) at Gate.io will be released at a rate of 0.55% per day after the mainnet launches, and fully released in 180 days. FIL (IOU) at GATE.IO is the FIL token for investors with the shortest vesting period.

Read more about Filecoin mainnet launch at:https://filecoin.io/blog/mainnet-ignition/

Currently, it is yet unknown from which block height the release should start , which will impact the FIL (IOU) release rate as a whole. Gate.io will release the most possible FIL coin according to the IPFS team’s instruction based on actual condition later. One practice to implement the release is to change the current FIL (IOU) to FIL6 and list FIL at Gate.io when FIL mainnet goes live; then Gate.io will swap FIL6 to FIL regularly based on the released portion. More details and planning will be released in another announcement later.

Gate.io will open FIL deposit immediately after FIL mainnet launches. By that time, you can deposit your FIL to Gate.io to participate in the largest FIL market in the world. Gate.io will also provide FIL withdrawal at the earliest time possible. Besides, Gate.io provides FIL(IOU) perpetual contract trading, which allow going short or long at your decision.
Risk warning: Following FIL mainnet launch, it is possible to have drastic price change in the market in the very early time. Please be cautious about your investment decision.

Deposit FIL at: https://www.gate.io/myaccount/deposit/FIL (available after mainnet launches )
Trade FIL at: https://www.gate.io/trade/FIL_USDT




Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
October 4th, 2020

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