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Gate Square New & Returning Creator Rewards are ongoing!
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Details: https://www.gate.com/announcements/article/48693
#XRP5L Announcement on the consolidation of multiple leveraged token shares of ETFs
Time: September 12, 2025 15:00:00 ( UTC+80
Merged coins: XRP5L, GALA5S, KAS5L, WLD5S, IP3S, GORK3S, KAITO3S, KAIA3S, HAEDAL3S, INIT3L
Estimated time: 2 hours
The process of share consolidation is as follows:
1. Suspend trading pairs of related coins and automatically cancel all unfulfilled orders.
2. Take a snapshot of the holdings of merged ETF leveraged tokens users in order.
3. Product shares will be consolidated at a ratio of 1000:1, resulting in a reduction of the user's position size to 1/1000 of the previous amount, while the unit net value will increase by 1000 times. The total value held by the user will remain unchanged (, excluding net value changes caused by fluctuations in the price of the underlying assets during the operation period ).
4. Complete the merger and resume trading
If the merger is completed ahead of schedule, the corresponding trading services will be restored accordingly. Please keep an eye on market conditions. Please manage your assets in advance.
Click to learn more
👉 https://www.gate.com/announcements/article/47045