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Regarding The End of YAMV2 to YAMV3 Migration and YAMV3 Rebasing Mechanism

2020-12-31 11:31:01Read:18051

According to the YAM team, the YAM community passed a proposal to remove the rebasing mechanism in YAM (YAMV3) and end the migration from YAM V2 to YAMV3. The rebasing mechanism was just removed. The deadline of migration from YAMV2 to YAMV3 is not decided at this moment. The YAM team may announce the deadline on January 15, 2021, after more inputs from the YAM community.

Gate.io will announce a time to migrate all the YAMV2 to YAMV3 for our users when the migration deadline is specified by the YAM team. If you want to have your YAMV2 migrated to YAMV3 on Gate.io, please follow our announcement and deposit your YAMV2 to Gate.io before our migration time.


Deposit YAMv2: : https://www.gate.io/myaccount/deposit/YAMV2
Trade YAMV2:https://www.gate.io/trade/YAMV2_USDT



Learn more about the proposal:
Snapshot links:
Remove Rebase Mechanism:
https://snapshot.page/#/yam/proposal/QmWiqtGM5giFzRLF2HF5q21gpDTLjEWmEUUXiLJJUouZB4
Force YAMv2 Mitigation to YAMv3 to Keep Community Consensus United
https://snapshot.page/#/yam/proposal/QmPby1iphTZ4D181pDFfb3hFLptmaAxD7Eu3LhoRxbCWTS

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Gate.io Team
December 31, 2020

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