Announcements Gate.io Supports Lisk (LSK) Token Migration

Gate.io Supports Lisk (LSK) Token Migration

2024-05-17 15:59:56 UTC 24884 Read

LSK/USDT + 0.17%

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the [Lisk (LSK) project team](https://lisk.com/blog/posts/lsk-2.0-migration-to-an-ERC-20-token "Lisk (LSK) project team"), the Lisk (LSK) token will be migrated to a new ID at a ratio of 1:1 based on the snapshot taken at block height 24,823,618. [Gate.io](https://www.gate.io "Gate.io") will support this migration and will provide seamless token swap services for users. If you currently hold Lisk (LSK) on [Gate.io](https://www.gate.io "Gate.io"), you do not need to take any specific actions.
Details: 
1) [Gate.io](https://www.gate.io "Gate.io") has suspended the deposit and withdrawal services for Lisk (LSK).
2) After the swap is completed, [Gate.io](https://www.gate.io "Gate.io") will resume the deposit and withdrawal services for the new Lisk (LSK) token. 
3) User trading activities will not be affected during the token swap period.

Please note that [Gate.io](https://www.gate.io "Gate.io") will no longer support the Lisk (LSK) mainnet token. The deposit and withdrawal services for the new Lisk (LSK) token will be supported after the swap is completed.

Official Source: 
https://lisk.com/blog/posts/lsk-2.0-migration-to-an-ERC-20-token 
https://lisk.com/blog/posts/lsk-token-migration-snapshot-height-announcement

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Gate.io Team
May 17th, 2024

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