gate Announcement on the merger of ETF leveraged Token shares of EOS5L, BSV5L, GRT3L, ROSE3L, PEOPLE3L ETF

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To improve the trading experience and optimize price accuracy, gate will sequentially merge the shares of 5 leveraged tokens, including EOS5L, BSV5L, GRT3L, ROSE3L, and PEOPLE3L, at 14:00:00 (UTC+8) on March 12, 2025.

Share consolidation details:

1. Trading suspended

We will suspend the trading of related ETF leveraged tokens on March 12, 2025 14:00:00 (UTC+8) in sequence, and automatically cancel all uncompleted orders.

2. Share consolidation process

On March 12, 2025 14:00:00 (UTC+8), we will take snapshots of the positions of ETF leveraged Token users merged this time in sequence.

The product shares are consolidated by 1000:1, and the user's position will be reduced to 1/1000 of the original amount, with the unit net value increasing by 1000 times. The total value of the user's position remains unchanged (excluding changes in net value caused by fluctuations in the underlying asset prices during the operation).

| Merge Order | Leveraged Token | Ratio | | :--- | :--- | :--- | | 1 | EOS5L | 1000:1 | | 2 | BSV5L | 1000:1 | | 3 | GRT3L | 1000:1| | 4 | ROSE3L | 1000:1 | | 5 | PEOPLE3L | 1000:1 |

The merger is expected to be completed before 16:00:00 (UTC+8) on March 12, 2025, and trading will resume accordingly if completed early.

Important tips

After the share consolidation, the market price will undergo a significant adjustment according to the new net asset value, please pay attention to the price changes before placing an order. 2. K-line (candlestick chart) data will be adjusted accordingly, gate provides adjusted K-line data to optimize user experience. 3. API users please note that this adjustment may affect your order operations, please update the relevant parameters in time to ensure smooth trading.

Risk Warning

Leveraged tokens, due to their built-in leveraged mechanism, carry higher risks, and price fluctuations may result in significant gains or losses. Additionally, due to the rebalancing mechanism, the cumulative returns within a specific period may not perfectly align with the target leverage multiple. Leveraged tokens are primarily suitable for short-term trading and not recommended for long-term holding. Please fully understand the associated risks before trading.

For detailed rules, please refer to the leveraged ETF document in the FAQ center. Introduction to Leveraged ETFs for Beginners (Part 1) https://www.gate.io/zh/help/trade/leverage_tokens/17349 Beginner's Guide to Leveraged ETFs (Part 2) https://www.gate.io/zh/help/trade/leverage_tokens/17369 ETF leveraged Token animation: https://www.gate.io/zh/help/trade/leverage_tokens/17416

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Gate.io March 11, 2025

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Dukun_koin_micinvip
· 03-12 10:08
all my coins are gone....
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Efsane44vip
· 03-12 07:55
Ape In 🚀
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GateUser-53708af1vip
· 03-12 06:47
basic scammer
View OriginalReply1
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