Gate.io Supports dotmoovs (MOOV) Token Migration

Announcements Gate.io Supports dotmoovs (MOOV) Token Migration

2024-04-24 06:18:24 UTC 5335 Read

[//]:content-type-MARKDOWN-DONOT-DELETE
According to [the dotmoovs (MOOV) project ](https://twitter.com/dotmoovs/status/1775559120663273617 "the dotmoovs (MOOV) project ")team, the dotmoovs (MOOV) token will be migrated to a new ID at a ratio of 1:1. [Gate.io](https://www.gate.io "Gate.io") will support this migration and aprovide seamless token swap services for users. If you currently hold dotmoovs (MOOV) on Gate.io,  you don’t need to do anything in particular.

Details:
1) Gate.io will close the deposit and withdrawal services for dotmoovs (MOOV) from April 25, 2024, 06:00 A.M. UTC.
2) After the swap is completed, Gate.io will resume the deposit and withdrawal services for the new dotmoovs (MOOV) token. 
3) User [ trading](https://www.gate.io/trade/MOOV_USDT " trading") activities will not be affected during the token swap period.
4) New dotmoovs (MOOV) Token ID: 0x4116f14b6d462B32a1C10F98049E4B1765e34FA9 (ETH)

Tokenomics:
Total supply of the old $MOOV: 1 billion
Total supply of the new $MOOV: Maximum supply will reach 1.3 billion

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

Official Source:
https://twitter.com/dotmoovs/status/1775559120663273617
https://twitter.com/dotmoovs/status/1782434314929483910

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Gate.io Team
April 24th, 2024

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