According to the Terra team, Terra 2.0 migration will be launched around May 26-27 UTC. Gate.io will suspend deposits and withdrawals for tokens on Terra network (e.g ANC) during the migration process. The deposits and withdrawals will be resumed as soon as possible after the migration event.
Learn more: https://medium.com/terra-money/terra-2-0-luna-airdrop-cd08a6d9cfcd

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Gate.io Team
May 26, 2022