[//]:content-type-MARKDOWN-DONOT-DELETE As the PolkaCipher project was hacked, the team decided to migrate the PolkaCipher token to a new smart contract. Gate.io has always been committed to providing the best possible services to its users. We hope to offer a convenient and straightforward token swap service to all users. However, despite multiple attempts, Gate.io has been unable to receive a response from the project team. We therefore regret to inform our users that we are unable to provide the token migration service this time and will delist the PolkaCipher trading market, including spot trading, quantitative trading, and liquidity mining, effective from May 19, 2023, 10:00 a.m. UTC. After the delisting, Gate.io will enable CPHR withdrawals and provide the service for 14 days. Users are advised to withdraw their funds to their personal wallets as soon as possible. We apologize for being unable to provide a convenient and straightforward migration service to all users. **The following is a summary of the events:** On May 31, 2022, we noticed that the project team had posted a tweet about token migration on their official Twitter account. For details, please refer to the official tweet: https://twitter.com/polkacipher/status/1531441213974319104 Subsequently, we attempted to contact the project team to obtain more details regarding the token migration but received no response. We have been continuously follow up on the matter during this period but remained unanswered. In November 2022, we managed to contact one of the former employees responsible for the project and was told that the project's key person in charge had dismissed several other core team members and expelled them from all groups. As a result, it has become impossible to reach the primary responsible person. We had also attempted to reach out to the project team through all their social media channels publicly available, but received no response. **Details about the delisting:** 1) Gate.io has closed the deposit service for PolkaCipher . 2) Gate.io will delist the quantitative trading market of PolkaCipher on May 19, 2023, 10:00, a.m. UTC. 3) Users who have provided liquidity for PolkaCipher in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed by May 19, 2023, 10:00, a.m. UTC. 4) After the delisting of the PolkaCipher trading market, Gate.io will continue to support withdrawals for PolkaCipher for a period of 14 days. Users who wish to continue holding the token are advised to withdraw their tokens to their personal wallets as soon as possible. 5) Users who still hold CPHR in their Gate.io accounts after June 2, 2023 will be compensated at a price of $0.0012 per CPHR . The maximum compensation amount per individual is 5,000 USDT. Users can fill out the following form to submit their compensation claims within one week after June 2, 2023. **Link to the form:**https://www.gate.io/questionnaire/3283 **Please note that Gate.io no longer supports the CPHR deposit and trading.** Withdraw PolkaCipher : https://www.gate.io/myaccount/withdraw/CPHR Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io [Sign up] to enter the crypto gateway and get 40% commission from [referrals] [Download iOS/Android App] right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter:https://twitter.com/Gateio_Inst Telegram: https://t.me/gate_zh API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/？ch=buzzs Gate.io Team May 18,2023