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Announcements Gate.io Will Support the NuCypher (NU) and Keep Network (KEEP) Token Merge
Gate.io Will Support the NuCypher (NU) and Keep Network (KEEP) Token Merge
2022-02-14 07:39:58 UTC 61212 Read
According to the NuCypher and Keep Network announcements, KEEP and NU will merge to Threshold Network( T)tokens. Gate.io will support this merge and swap tokens for users.

Conversation Ratios:
1NU=3.26T
1KEEP=4.78T
T token contract address: 0xCdF7028ceAB81fA0C6971208e83fa7872994beE5
Gate.io token merge and swap start date: 16 Feb, 2022

Below are more details:

1) Before16 Feb , 4:00 AM (UTC), Gate.io will close NU and KEEP deposits and withdrawals.
2) Starting 16 Feb , 4:00 AM (UTC), Gate.io will take NU and KEEP trading (spot, margin, quantitative and perpetual contract trading) offline and cancel all open orders.
4) Starting 16 Feb , 4:00 AM (UTC), Gate.io will take NU and KEEP leveraged tokens trading (including KEEP3S, KEEP3L, NU3S, NU3L ) offline and cancel all open orders
5)Before 16 Feb , 4:00 AM (UTC), Gate.io will remove NU and KEEP liquidity lending.
6)Users who have borrowed NU or KEEP should repay the loan and close the outstanding positions beforehand. Otherwise, the loan will be auto-repaid and the outstanding positions will be closed on 16 Feb.
7) Users who have outstanding NU or KEEP perpetual contract positions should close their positions beforehand. Otherwise, any outstanding positions will be force closed on 16 Feb.
8) Users who have NU or KEEP quantitative trading (grid trading included) should adjust their trading strategies beforehand.Any NU or KEEP quantitative trading will be cancelled on 16 Feb.
9) Users who have provided NU or KEEP liquidity in the liquidity pools should remove their liquidity beforehand, otherwise will be forced removed on 16 Feb.
10)Users who have NU or KEEP leveraged tokens should sell them beforehand, otherwise their positions will be forced closed on 16 Feb.
11) When Gate.io completes the token merge and swap, we will commence Threshold Network (T) token trading. The token will use the ticker $T. (The T token trading commencement time will be announced later)


Learn more: https://blog.threshold.network/threshold-launch/
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