According to the Floki Inu team, phase 1 of the FLOKI DAO upgrade is going to start on Jan 22th, 08:00 AM UTC and will last for 48 hours; and the token will be migrated to the new token at the ratio of 1:1. Gate.io supports this upgrade and will swap token for users. If your FLOKI tokens are on Gate.io, you don’t have to do anything in particular.
Gate.io will suspend FLOKI deposits and withdrawals during the upgrade. FLOKI trading will not be affected. Deposits and withdrawals of the new FLOKI tokens will be resumed as soon as possible after this upgrade.