Announcements Gate.io Supports Roost (ROOST) Token Migration

Gate.io Supports Roost (ROOST) Token Migration

2024-05-13 07:43:23 UTC 23638 Read

ROOST/USDT + 3.77%

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the Roost (ROOST) project team, the Roost (ROOST) token will be airdropped to a new ID at a 10:7 ratio. will support this airdrop and will provide seamless airdrop services for users. Users holding Roost (ROOST) on [Gate.io](https://www.gate.io "Gate.io") do not need to take any specific actions.

Details:
1) [Gate.io](https://www.gate.io "Gate.io") has closed the deposit service for Roost (ROOST).
2) [Gate.io](https://www.gate.io "Gate.io") will suspend the withdrawal and trading services for Roost (ROOST), including spot trading and quant grid trading, starting from May 14, 2024, 06:00 A.M. UTC.
3) Users who have in-progress $ROOST quant grid trading should adjust your trading strategies beforehand. Otherwise, the trades will be terminated automatically before May 14, 2024, 06:00 A.M. UTC.

Please note that [Gate.io](https://www.gate.io "Gate.io") will no longer support the old $ROOST token after the airdrop, and the total supply of the new $ROOST token will be 1,000,000,000. There is a risk of freezing associated with the new token, so please make sure to understand this clearly.  There is a risk of freezing associated with the new token, so please make sure to understand this clearly. 
The listing time for new $ROOST will be announced separately after [Gate.io](https://www.gate.io "Gate.io") completes the listing review.
Official Source: 
https://t.me/c/2086126159/505633
https://twitter.com/RoostCoin/status/1788666973041377466
https://medium.com/roostcoin/everything-you-need-to-know-about-the-roost-relaunch-22549049f7c9
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Gate.io Team
May 13th, 2024

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Gate.io Supports Roost (ROOST) Token Migration

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