BitfinexhadpreviouslyannounceditssupportfortheStargateFinance(STG)contractswap,whichhadbeenexpectedtotakeplaceon15/03/2023,andit?accordinglysuspendedSTGtokendepositsandwithdrawals,on13/03/2023.
Subsequenttoitsoriginalannouncementhowever,StargateFoundationputforwardanewproposaltounwindanyre-issuanceofSTG,whichafteravotewaspassedunanimously,andtheproposalwasapproved.
Asaconsequence,theSTGcontractwiththiscontractaddressontheEthereumnetworkremainsunchanged.
DepositsandwithdrawalsofSTGwillresumeon14/03/2023atapproximately3:30PMUTC.WewouldliketoremindourcustomersthatthereareSTGtokenswithdifferentcontractaddressesincirculation;therefore,pleasedon'tsendanySTGtokenstoourplatformotherthantheonewiththeabovecontractaddresstoavoidlosingfunds.
Forward-LookingStatements
Certainstatementsinthisannouncementmaybeforwardlookinginnature.Thewords“believe,”“expect,”“estimate,”“could,”“should,”“intend,”“may,”“plan,”“seek,”“anticipate,”“project”andsimilarexpressionsamongothers,generallyidentify“forward-lookingstatements,”whichspeakonlyasofthedatethestatementsweremade.Themattersdiscussedintheseforward-lookingstatementsaresubjecttoanumberofrisks,trendsanduncertaintiesthatcouldcauseactualresultstodiffermateriallyfromthoseprojected,anticipatedorimpliedintheforward-lookingstatements.NoneofBitfinexnoranyotherpersonisresponsibleforupdatingorrevisinganyforward-lookingstatements,whetherasaresultofnewinformation,futureeventsorotherwise,exceptasrequiredbylaw.
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