[//]:content-type-MARKDOWN-DONOT-DELETE To enhance the trading experience and improve price precision, Gate will conduct a share merge for multiple ETF Leveraged Tokens at **06:00:00 AM on March 12, 2025 (UTC).** ### **Details of the Share Merge** ### **1. Suspension of Trading** We will **suspend trading** for the affected ETF Leveraged Tokens at **06:00:00 AM on March 12, 2025 (UTC)** . All open orders will be automatically canceled at this time. ### **2. Share Merge Process** At **06:00:00 AM on March 12, 2025 (UTC)** , we will sequentially take a snapshot of users’ ETF Leveraged Token balances and merge shares at the 1000:1 ratio. The total value of users’ holdings will not change (without considering value changes caused by market fluctuations). |
|ETF Leveraged Token | Ratio | | :------------: | :------------: | :------------: | | 1 |EOS5L | 1000:1 | | 2 | BSV5L | 1000:1 | | 3 | GRT3L | 1000:1 | | 4| ROSE3L | 1000:1 | | 5| PEOPLE3L | 1000:1 | The ETF Leveraged Token above will have a 1000-for-1 share merge. After the merge is completed, the number of ETF shares held by users will become 1/1000 that before the merge, and the unit value will be 1000 times that before the merge. The share merge process is expected to be completed by **08:00:00 AM on March 12, 2025 (UTC)** . If the process is completed earlier, trading will resume accordingly. ### Important Notes 1. After the merge, market prices will be significantly adjusted based on the new unit NAV. Please pay close attention to price changes when placing orders. 2. K-line (candlestick) data will be adjusted accordingly. Gate provides adjusted K-line data to optimize the user experience. 3. API users should be aware that this adjustment may affect order placement. Please update your parameters accordingly to ensure smooth trading. ### Risk Warning Leveraged Tokens carry high risk due to their built-in leverage mechanism. Price fluctuations may lead to significant gains or losses. Additionally, due to scheduled and unscheduled rebalancing, the actual return over a period may not always match the target leverage multiple. These products are primarily designed for short-term trading and are not suitable for long-term holding. Please fully understand the risks before participating. **Gateway to Crypto** Trade over 3,700 cryptocurrencies safely, quickly, and easily on Gate • Visit our Official Website • Download Gate App / Web now • Follow us on Gate X (Twitter) to get more bonuses • Join our Telegram to discuss hot topics • Join our Global Community to get more updates • We provide 100% proof of reserves • Sign up to enjoy max. $10,000 in rewards exclusively for new users • Get 40% commission from referrals Gate Team March 11, 2025

Announcement on ETF Leveraged Tokens Share Merge for EOS5L,BSV5L,GRT3L,ROSE3L,PEOPLE3L

Announcement on ETF Leveraged Tokens Share Merge for EOS5L,BSV5L,GRT3L,ROSE3L,PEOPLE3L