i have 30000 + Gala5l token it reduced to 306. can anyone please help me about this

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TheFutureCanBeExpect

· 2023-09-07 06:45

Protest

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XiaoYi

· 2023-09-07 06:26

Hello, Gate.io ETF products are traded 24/7 and the market fluctuates greatly. In line with the principle of minimal impact on the market and without affecting the user experience, we merge or split ETF shares based on the principle of minimizing the number of times. At present, the unit prices of many ETF products are too low, which affects transaction convenience and price accuracy. In order to improve the ETF product trading experience, we will conduct inspections on multiple ETF products near 14:00PM (UTC+8) on September 7, 2023. The share merging operation will affect the user's ETF holding quantity and unit net value, but will not affect the total value of the user's holdings (regardless of changes in net value caused by underlying price fluctuations during the operation). The specific operating rules are as follows: 1) GALA5L product shares will be merged at 100:1, user holdings will be reduced to 1/100 of the previous one, and the net value of the unit will increase 100 times. Please take a look at this announcement. https://www.gate.io/zh/article/32019

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