Gate.io announcement on supporting Open Custody Protocol (OPEN) to Levva Protocol Token (LVVA) Token migration

According to the official announcement of Open Custody Protocol (OPEN), Open Custody Protocol (OPEN) will migrate to Levva Protocol Token (LVVA) at a ratio of 1:1. Gate.io will support this token migration and provide users with token migration services. Users on the platform do not need to take any action to complete the migration.

Gate.io will take the following steps for migration:

1. Gate.io will suspend the deposit, withdrawal, and trading services of Open Custody Protocol (OPEN) including the OPEN_USDT spot trading pair and quantitative grid trading on March 3, 2025 at 11:00 (UTC+8).
2. If there is a quantitative trading strategy in progress, please adjust the strategy in advance. Otherwise, it will be forcibly stopped before 11:00 on March 3, 2025 (UTC+8). 3）Levva Protocol Token（LVVA）New Token contract address: 0x6243558a24CC6116aBE751f27E6d7Ede50ABFC76 (ERC20)

Please note that Gate.io will no longer support the old Token of Open Custody Protocol (OPEN). The new Token of Levva Protocol Token (LVVA) will be announced separately after the completion of the Token's online review.

Official announcement: https://x.com/OpenCustody/status/1889605017004290353

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Gate.io February 28, 2025