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Gate Will Distribute New Token to Cover Holders at the Ratio of 1:1

2020-12-29 13:53:00Read:17561

Following the recent attack to the Cover Protocol, the Cover Protocol is going to distribute a new token based on a snapshot taken before block #11541219. At this moment, the snapshot time is not decided. Gate.io promises to distribute the upcoming new token to all COVER holders at the ratio of 1:1 based on snapshot time of December 30th, 4:00 AM UTC, 2020.
Gate.io will use the COVER ticker to represent the new token and continue providing trading service.
After the new token distribution, the old COVER token will change to COVER_OLD and can be withdrawn to a personal wallet.

Trade COVER via:https://www.gate.io/trade/COVER_USDT



Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
December 29, 2020

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