Gate.io Supports LaunchPool (LPOOL) Token Migration

Announcements Gate.io Supports LaunchPool (LPOOL) Token Migration

2024-04-28 07:00:19 UTC 6425 Read

LPOOL/USDT -3.25%

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the [ LaunchPool (LPOOL) project team](https://twitter.com/LaunchPoolXYZ/status/1770059426172420169 " LaunchPool (LPOOL) project team"), the LaunchPool (LPOOL) token will be migrated to a new ID at a ratio of 1:1. Gate.io will support this migration and aprovide seamless token swap services for users. Users holding LaunchPool (LPOOL) on [Gate.io](https://www.gate.io "Gate.io") are not required to take any specific actions.

Details:
1)  [Gate.io](https://www.gate.io "Gate.io") will close the deposit, withdrawal, and trading services for LaunchPool (LPOOL), including spot trading and quant grid trading, starting from April 29, 2024, 06:00 A.M. UTC.
2) Users who have ongoing LaunchPool (LPOOL) quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before April 29, 2024, 06:00 A.M. UTC.
3) New LaunchPool (LPOOL) Token ID: https://arbiscan.io/address/0xf6dae0d2be4993b00a2673360820af6bafd53887 (Arbitrum)

Please note that [Gate.io](https://www.gate.io "Gate.io") will no longer support the old LaunchPool (LPOOL) token. The listing time for the new LaunchPool (LPOOL) token will be announced separately after [Gate.io](https://www.gate.io "Gate.io") completes the listing review.

Official Source: 
https://twitter.com/LaunchPoolXYZ/status/1770059426172420169
https://twitter.com/LaunchPoolXYZ/status/1769743430832304290
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Gate.io Team
April 28th, 2024

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