Gate's announcement regarding the delisting of Synchrony (SCY)

After a reassessment by <a href=“https://www.gate.io/” target=“_blank”>Gate.io</a>, the Synchrony (SCY) project does not meet the standards for opening trading. <a href=“https://www.gate.io/” target=“_blank”>Gate.io</a> will delist the Synchrony (SCY) trading market, including the SCY_USDT spot trading pair and quantitative grid. After the delisting, Gate.io will continue to provide users with a 1-month withdrawal service.

Gate.io will take the following steps:

1. Gate.io has suspended the deposit service for Synchrony (SCY).
2. Gate.io will suspend trading services for Synchrony (SCY) on January 30, 2025, at 15:00 (UTC+8), including the SCY_USDT spot trading pair and quantitative grid.
3. If there are any ongoing quantitative trading strategies, please adjust the strategies in advance. Otherwise, they will be forcibly stopped before January 30, 2025, at 15:00 (UTC+8).
4. After the delisting of the Synchrony (SCY) trading market, if users with positions do not wish to participate in the buyback, please be sure to withdraw your tokens as soon as possible to avoid losses.
5. After February 13, 2025, users holding Synchrony (SCY) stored on Gate.io can submit a form to apply for a repurchase. Gate.io will conduct the repurchase at a price of 0.0000204 USDT, with a maximum compensation limit of 100 USDT per individual.

Users please fill out the following form to submit an application between 00:00 on February 13, 2025 (UTC+8) and before 00:00 on February 20, 2025 (UTC+8). Form link: <a href=“https://www.gate.io/zh/questionnaire/6035” target=“_blank”>https://www.gate.io/zh/questionnaire/6035</a>

Withdraw Synchrony (SCY): <a href=“https://www.gate.io/zh/myaccount/withdraw/SCY” target=“_blank”>https://www.gate.io/zh/myaccount/withdraw/SCY</a>

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Gate.io January 23, 2025