[//]:content-type-MARKDOWN-DONOT-DELETE According to the LayerAI (LAI) team, LayerAI (LAI) tokens will be migrated to the new smart contract at a ratio of 1:1. Gate.io fully supports the migration and will swap tokens for users. If your LayerAI (LAI) tokens are currently on Gate.io, you don’t need to do anything in particular. **Details:** 1) Gate.io has closed the deposit and withdrawal services for LayerAI (LAI). 2) After the swap is completed, Gate.io will resume deposit and withdrawal services for the new LayerAI (LAI) tokens. 3) User trading activities will not be affected during the token swap period. 4) New contract address for LayerAI (LAI): 0x168e209D7b2F58f1f24b8Ae7B7d35E662bBF11Cc (ETH) 0x776F9987D9DEED90eeD791cbD824D971FD5CCF09 (BSC) Please note that Gate.io will no longer support the old LayerAI (LAI) tokens. After the swap, the deposit and withdrawal of new LayerAI (LAI) will be supported. Project team announcement: https://twitter.com/LayerAIorg/status/1699679159172125172 Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io [Sign up](https://www.gate.io/signup "Sign up") to enter the crypto gateway and get 40% commission from [referrals](https://www.gate.io/referral "referrals") [Download iOS/Android App](https://www.gate.io/mobileapp?ch=ann27560 "Download iOS/Android App") right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter:https://twitter.com/Gateio_Inst Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs Gate.io Team September 21, 2023