Gate.io supports MKR 1:24,000 swap for SKY, announces business suspension and swap time.

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According to ChainCatcher news, as per the MKR official plan and OKEx arrangements, MKR will be exchanged for SKY at a ratio of 1:24,000. Today at 17:00, OKEx will stop MKR borrowing, and from September 3rd, 16:00 to 18:00, MKR/USDT Margin Trading will be suspended; on September 4th at 16:00, MKR/USDT Perpetual Futures will be delisted. On September 8th from 10:00 to 11:00, Gate.io will delist the MKR related spot trading pairs and suspend services such as flash exchanges. At 12:00, MKR deposits, withdrawals, and transfers will be closed; a snapshot of MKR accounts will be taken at 13:00 (positions < 0.0001 coin will not be counted). The replacement will be completed from September 8th 13:00 to September 10th 18:00 (UTC+8), and MKR will be converted to SKY for distribution. The trading time for SKY will be notified separately.

MKR2.28%
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