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Gate.io Supports Popsicle Finance (ICE) Token Split and Migration to WAGMI

작성자 게이트아이오 조회수 28 작성일 23.10.19  15:03
[//]:content-type-MARKDOWN-DONOT-DELETE According to the Popsicle Finance (ICE) team, the Popsicle Finance (ICE) tokens will be swapped for WAGMI at a ratio of 1:69. Gate.io will provide seamless token swap services for users. If your Popsicle Finance (ICE) tokens are currently on Gate.io, you don’t need to do anything in particular. Swap Ratio: 1 ICE: 69 WAGMI **Details: ** 1) Gate.io will suspend the deposit, withdrawal, and trading services for Popsicle Finance (ICE) starting from October 20, 2023, 03:00 UTC, including spot trading, liquidity mining, and quantitative trading. 2) Users who have in-progress Popsicle Finance (ICE) quantitative trading should adjust your trading strategies beforehand. Otherwise, the strategies will be terminated automatically before October 20, 2023, 03:00 UTC. 3) Users who have provided liquidity for Popsicle Finance (ICE) in the liquidity mining pool should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed before October 20, 2023, 03:00 UTC. 4) New Token ID for WAGMI: 0x92CC36D66e9d739D50673d1f27929a371FB83a67 (ETH) Tokenomics: The maximum supply of ICE is 69 million, with 72.7816% burned, totaling 24,157,859. The total supply of WAGMI is 4.761 billion, with the exchanged non-minted WAGMI totaling 3,386,342,187. (Note: The token split results in a more than threefold increase in supply, please be aware of trading risks) ICE Tokenomics: Please note that following the passing of the Tokenomics proposal made by the team 44,842,141 ICE have been burned bringing the ICE token allocation as follows: Airdrops:19.99% IFO :8.57% Team/Devs :28.56% LP Rewards :27.33% Dao: 15.54% WAGMI Tokenomics: 1.Protocol Growth and Development (80%) This portion (representing 80% of all new WAGMI tokens) is allocated to ensure protocol growth and development. The uses include, but are not limited to: Acquiring POL Incentivizing leverage trading Incentivizing GMI positions Building a strategy insurance fund. 2.Operational Multisig (20%) 20% of the newly minted WAGMI tokens are dispatched to an operational multisig. This fund controls the tokens to ensure the smooth running of protocol operations. The uses include, but are not limited to: Salaries Legal fund Treasury building Grants Financing audits **Please note that after the swap is completed, Gate.io will no longer support Popsicle Finance (ICE) tokens. The listing time of WAGMI will be announced later when Gate.io completes the listing review.** Project team’s announcement: https://twitter.com/PopsicleFinance/status/1703855036781023596 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 October 19,2023



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