Gate.io's announcement on the pre-market OTC trading & pre-market trading Delivery time and listing of Xion(XION)

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1. Pre-market OTC trading Delivery time: OTC trading before the market closes at 08:00 on December 5, 2024 (UTC+8) Pre-market OTCDelivery starts at 20:00 on December 5, 2024 (UTC+8) Pre-market OTC Delivery end time: December 5, 2024, 22:00 (UTC+8)

Pre-market OTC trading page: https://www.gate.io/zh/pre-market/XION Join Now Note: Please always follow the Delivery schedule and complete the Delivery on time. Failure to comply with the Delivery schedule may result in loss of Margin collateral.

2. Pre-market trading Delivery time: Pre-market trading mint end time: December 4, 2024 12:00 (UTC+8) Spot trading halt time before the market: 16:00, December 4, 2024 (UTC+8) Delivery trading before market opening will start at 20:00 on December 5, 2024 (UTC+8) Pre-market trading Delivery end time: December 5, 2024, 22:00 (UTC+8)

**Note:

  1. After the mint entrance is closed, users cannot stake USDT to mint tokens before the minting, and cannot use the cancel stake function;
  2. Before the Spot market suspension, the system will take a Snapshot of the XION PreToken holdings of users and clear the balance.
  3. Users participating in minting must ensure that they hold sufficient XION in their account during the Delivery period. The system will deduct the corresponding project Token from the account during the Delivery period and return the staked amount to your account.
  4. After the Delivery is completed, the system will perform Settlement for users who hold PreToken during the Snapshot (Settlement is expected to be completed within 1 hour, please refer to the actual situation). After the Settlement is completed, you will receive the real XION from Delivery, as well as the USDT collateral from mint users who fail to complete the Delivery on time.

3. Gate.io will launch Xion (XION) About Xion(XION): XION is the first wallet-less L1 designed to achieve mainstream applications through chain abstraction.

Token symbol: XION Official website: https://xion.burnt.com/ White Paper: https://xion.burnt.com/whitepaper.pdf XION issuance total: 200 Million

Trade start time: December 5th, 2024 18:00 (UTC+8)

Xion(XION)depositAddress:https://www.gate.io/zh/myaccount/deposit/XION Xion(XION)USDT trading Address:https://www.gate.io/zh/trade/XION_USDT

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Gate.io December 4th, 2024

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