Gate.io supports MKR 1:24,000 swap for SKY, announces business suspension and swap time.

GateNews

According to ChainCatcher news, as per the MKR official plan and OKEx arrangements, MKR will be exchanged for SKY at a ratio of 1:24,000. Today at 17:00, OKEx will stop MKR borrowing, and from September 3rd, 16:00 to 18:00, MKR/USDT Margin Trading will be suspended; on September 4th at 16:00, MKR/USDT Perpetual Futures will be delisted. On September 8th from 10:00 to 11:00, Gate.io will delist the MKR related spot trading pairs and suspend services such as flash exchanges. At 12:00, MKR deposits, withdrawals, and transfers will be closed; a snapshot of MKR accounts will be taken at 13:00 (positions < 0.0001 coin will not be counted). The replacement will be completed from September 8th 13:00 to September 10th 18:00 (UTC+8), and MKR will be converted to SKY for distribution. The trading time for SKY will be notified separately.

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