Gate.io Announcement on the Merge of Leveraged Token Shares of (EOS5L, BSV5L, GRT3L, ROSE3L, PEOPLE3L) ETFs

In order to improve the trading experience and optimize the price accuracy, Gate.io will merge the shares of EOS5L, BSV5L, GRT3L, ROSE3L, PEOPLE3L, a total of 5 ETF leveraged tokens at 14:00:00 on March 12, 2025 (UTC+8)**.

Share Consolidation Details:

1. Trading Suspended

On March 12, 2025 at 14:00:00 (UTC+8), we will suspend trading in the relevant ETF leveraged tokens sequentially and automatically cancel all outstanding orders.

2. Share Consolidation Process

March 12, 2025 14:00:00 (UTC+8), we will take a snapshot of the holdings of the ETF leveraged token users in this merger in turn.

The product shares will be merged according to 1000:1, the user's position will be reduced to 1/1000 of the previous one, the unit net value will increase by 1000 times, and the total value of the user's position will remain unchanged (excluding the change in the net value caused by the fluctuation of the underlying price during the operation).

| Merge Order | Leveraged Tokens | Scale | | :--- | :--- | :--- | | 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 close by 16:00:00 (UTC+8) on March 12, 2025.

IMPORTANT

1. After the share merger, the market price will be significantly adjusted according to the new unit net value, please pay attention to the price change before placing an order.
2. The candlestick (candlestick) data will be adjusted accordingly Gate.io provide weighted candlestick data to optimize the user experience.
3. API Users Please note that this adjustment may affect your order operation, please update the relevant parameters in time to ensure smooth trading.

Risk Warning

Leveraged tokens have a high risk due to their built-in leverage mechanism, and price fluctuations may lead to large profits and losses. In addition, due to the timing and temporary rebalancing mechanism, the cumulative return in a certain period of time may not fully match the target leverage. Leveraged tokens are mainly suitable for short-term trading and are not suitable for long-term holding. Please fully understand the risks involved before trading.

For detailed rules, please refer to the Question Center Leveraged ETF Documentation: Getting Started with Leveraged ETFs (Part I) https://www.gate.io/zh/help/trade/leverage_tokens/17349 Getting Started with Leveraged ETFs (Part II) 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 March 11, 2025