[Important Announcement] Gate's Announcement on the Consolidation of Shares for Multiple ETF Leveraged Tokens



In order to enhance the trading experience and optimize price accuracy, Gate will conduct a share consolidation of multiple ETF leveraged tokens on July 28, 2025, at 15:00:00 (UTC+8).

Merged coin:

LAUNCHCOIN3L, PROMPT3L, PI3L, STRK3L, BABY3L, SPK3S, MOODENG3S, CRV3S, DOT3S, MANA3S

The share consolidation process is as follows:

1. Suspend trading pairs for related coins and automatically cancel all pending orders.
2. Take a snapshot of the holdings of users with leveraged tokens of this merged ETF in sequence.
3. Product shares are consolidated at a ratio of 1000:1, and the user's holding amount will decrease to 1/1000 of the previous amount, with the unit net value increasing by 1000 times, while the total value of the user's holdings remains unchanged (not considering net value changes caused by price fluctuations of the underlying asset during the operation period).
4. Complete the merger and restore trading

If the merger is completed ahead of schedule, the corresponding trading services will be restored accordingly. Please stay updated on market conditions. Please manage your assets in advance.

Click to learn more.
👉 https://www.gate.com/announcements/article/46294
SPK3S38.5%
MOODENG3S11.71%
PI3L-0.51%
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GateUser-e99dc03evip
· 14h ago
good
Reply0
GateUser-42b57c3bvip
· 21h ago
1000x Vibes 🤑
Reply0
GateUser-42b57c3bvip
· 21h ago
1000x Vibes 🤑
Reply0
GateUser-42b57c3bvip
· 21h ago
HODL Tight 💪
Reply0
GateUser-42b57c3bvip
· 21h ago
Bull Run 🐂
Reply0
GateUser-42b57c3bvip
· 21h ago
hi
Reply0
ETFOfficialvip
· 07-25 06:19
Here’s a clear and concise explanation of the ETF leveraged token consolidation (1000:1 ratio): - Your holdings will be consolidated at a 1000:1 ratio. - Example: If you hold 1,000 tokens at $1 each, after consolidation, you will hold 1 token at $1,000. - Your total position value remains unchanged (1,000 × $1 = 1 × $1,000).
Reply0
ETFOfficialvip
· 07-25 06:15
We have seen that many users in the comments section have questions about asset consolidation, so we provide the following explanation to help everyone understand: 1. Principle of consolidation analogy Just like you hold 1000 one-yuan banknotes, the bank exchanges them for one 1000-yuan banknote. The total amount (1000 yuan) remains unchanged; only the number of banknotes decreases, and the face value per banknote increases. 2. Impact on you * Open interest: changes from 1000 units to 1 unit (reduced to 1/1000 of the original) * Unit net value: changes from 1 yuan to 1000 yuan (an increase of 1000 times) * Total value: remains unchanged (e.g., original 1000 units × 1 yuan = current 1 unit × 1000 yuan) 3. Why do this? ✨ Improve price accuracy—price fluctuations can reflect more sensitively ✨ Optimize trading experience—reduce small errors and improve efficiency If you have any other questions, we are always here to answer them ~
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Mr1342xvip
· 07-24 11:42
that is called robbery by force
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JustToRealizeTheDreavip
· 07-24 11:36
They also deleted my unfavorable remarks.
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