Gate.io compensates users after abnormal Lunarlens volatility
Gate.io compensates LUNARLENS users via GT airdrops
Gate.io, a global cryptocurrency exchange and blockchain platform, has taken swift action to address abnormal fluctuations in the Lunarlens (LUNARLENS) token market.
Following a thorough investigation of irregular transactions and extensive data analysis, the platform implemented risk control measures and launched a compensation plan to reimburse affected users.
The issue was resolved by compensating users through GT airdrops, calculated based on net purchases made before October 31, 2024. For each LUNARLENS token purchased, users received compensation at a rate of 0.000120269462762 GT per token. Eligible users who submitted the required forms have already received the corresponding airdrops in their Gate.io accounts. Users can view their compensation details in the "Transaction History" section of their accounts.
Gate.io has assured its community of its continued commitment to maintaining transparency and fairness throughout the process. Users with unresolved issues or questions are encouraged to contact the platform via its ticketing system or customer support team.
Details of the compensation plan
The compensation ratio established for the reimbursement plan ensures fairness for all affected users:
1 LUNARLENS = 0.000120269462762 GT. This rate was uniformly applied to all eligible transactions. Affected users are advised to refer to Gate.io's detailed compensation plan for a full understanding of the process and terms.
Caution amid market risks
Gate.io emphasized the importance of due diligence and risk management for its users. While the platform acted promptly to compensate those affected by the incident, it reiterated the need for users to thoroughly research and understand the risks associated with market transactions. Gate.io urges traders to remain vigilant and avoid engaging in trades without a clear understanding of the associated risks.
The swift response to this issue reflects Gate.io's dedication to its global users and its commitment to providing a secure and reliable trading environment.
Additionally, Gate.io recently released updates to its Gate Wallet app and Chrome extension, adding several new features to enhance efficiency and user convenience.
