Gate.io announcement on the delisting of Yield Protocol (YIELD)

GateAnnouncement · 2025-03-03T00:59:36+00:00

gate announced the delisting of the Yield Protocol (YIELD) project and provided a detailed schedule for shutdown and user operation instructions. Users should pay attention to redeeming assets in advance and handling unpaid loans properly, while also providing repurchase services. Holdings users need to submit repurchase applications within the specified time. gate provides form links and withdrawal links. The article ends with relevant information and service promotion from gate.

GateAnnouncement

2025-03-03 00:59:36

Abstract generation in progress

After re-evaluation by gate, the Yield Protocol (YIELD) project does not meet the criteria for opening a transaction. gate will delistYield Protocol (YIELD) to trade marketplaces, including YIELD_USDT, YIELD_ETHSpot trading pairs, Quant Grid, Simple Earn and Margin Trading. After the delist transaction, Gate will continue to provide users with a withdrawal service for 1 month.

**gate will take the following steps: **

gate has suspended the deposit service of Yield Protocol (YIELD). 2）gate will delist the addition of leverage borrowing and collateral borrowing for Yield Protocol (YIELD) before 16:00 on January 8, 2025 (UTC+8).
gate will suspend trading services for Yield Protocol (YIELD), including YIELD_USDT, YIELD_ETHSpot trading pairs, Quantitative Grid, Simple Earn, Margin Trading at 14:00 (UTC+8) on January 14, 2025.
If there is a quantitative trading strategy in execution, please adjust the strategy in advance. Otherwise, it will be forcibly stopped before 14:00 on January 14, 2025 (UTC+8).
If you still have YIELD assets in Simple Earn, you can manually redeem them in advance, otherwise they will be forcibly stopped before 14:00 on January 14, 2025 (UTC+8).
If there are users who have unpaid Yield Protocol (YIELD) loans in the Margin Trading market, please repay them in advance, otherwise automatic settlement repayment will be made before 14:00 on January 14, 2025 (UTC+8).
After the Yield Protocol (YIELD) trading market is delisted, if you do not want to participate in the repurchase, please be sure to withdraw your tokens as soon as possible to avoid losses. After January 28, 2025, users who still hold Yield Protocol (YIELD) positions on gate can submit a form to apply for repurchase. gate will repurchase at a price of 0.0002078 USDT, with a maximum individual compensation of 100 USDT.

Users are required to fill out the following form and submit the application from 00:00 on January 28, 2025 (UTC+8) to 00:00 on February 4, 2025 (UTC+8). Form link: https://www.gate.io/zh/questionnaire/5904

Withdrawal Yield Protocol（YIELD）：https://www.gate.io/zh/myaccount/withdraw/YIELD

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