Announcements Gate.io Pre-Market Trading: HMSTR Points and HMSTR Token Swap Ratio Announcement

Gate.io Pre-Market Trading: HMSTR Points and HMSTR Token Swap Ratio Announcement

2024-09-13 16:07:12 UTC 76097 Read

HMSTR/USDT -2.18%

[//]:content-type-MARKDOWN-DONOT-DELETE
**Dear Gate users:**

**As the Hamster Kombat (HMSTR ) Team has announced the Tokenomics, the HMSTR Points in the Pre-Market and PreToken Spot Market will be swapped to the HMSTR Token according to the following rules, which are as follows:**
Total supply of Hamster Points: 10,000,000,000
Total supply of Hamster Tokens: 100,000,000,000
Swap Ratio between Hamster Points and Hamster Token = 1:10

During the Swap process, the user does not need to do anything, the Swap will be automatically completed by the system. After the Swap, the Hamster Kombat Points Pre-Market Trading Orders will be converted to Hamster Kombat Token Pre-Market Trading Orders and will be delivered together with the Hamster Kombat Token Pre-Market Trading Orders. The unfilled orders will be canceled after the Hamster Kombat PreToken Trading Market closes.

### What is the Pre-Market Trading Points Order?
1.The Pre-Market Trading Points Order follows the core logic that the total market value of tokens shall remain unchanged. Hamster Points are pre-released in quantities of 10,000,000,000 as Token Vouchers for Hamster Combat (HMSTR) Pre-Market Trading, and the Total Supply of Hamster Combat (HMSTR) is confirmed to be 100,000,000,000 so the Swap Ratio is 1:10.
2.All filled Hamster Points Pre-Market Trading Orders will be swapped to Hamster Kombat (HMSTR) Pre-Market Trading Orders at a ratio of 1:10. The total order amount remains unchanged.

For example, if user A sells 5,000 Hamster Points at 0.01 USDT, the order amount will be 50 USDT and the collateral will be 50 USDT.
The Hamster Kombat Swap Ratio is 1:10, where the order amount remains unchanged at 50 USDT, and the quantity of tokens to be delivered in the order increases to 5000 × 10 = 50,000 Hamster Kombat. Users can review the Swapped Tokens in the Pre-Market Trading history of Hamster Kombat Points. ;
<img src="https://gimg2.gateimg.com/image/article/172624557611.jpeg" alt="" width="600"  />

Please Note that User A (Seller) must ensure that there are at least 50,000 Hamster Kombat available in his spot account before Hamster Kombat (HMSTR) Pre-Market delivery. Failure to do so will result in a failed delivery and will be considered a default by the seller.

### Notes：
1.Hamster Kombat Points Explanation: Hamster Kombat Points are the token accounting symbols received through official channels before the official launch of the Hamster Kombat Tokens, which are officially displayed as non-circulating Hamster Kombat.

2.According to the Official Team of Hamster Kombat, the Total Supply of Hamster Kombat Token is 100,000,000,000, and the Swap Ratio of Hamster Kombat Points to Hamster Kombat Token is 1:10.

3.The Hamster Kombat Points Pre-Market Trading Orders will be converted to Hamster Kombat Token Pre-Market Trading Orders after the Swap and will be delivered together with Hamster Kombat Token Pre-Market Trading.

4.The unfilled orders will be canceled after the Hamster Kombat PreToken Trading Market closes.

5.During the Swap process, the user does not need to do anything, the Swap will be automatically completed by the system

<sp>
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Gate.io Team
September 13th, 2024

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Gate.io Pre-Market Trading: HMSTR Points and HMSTR Token Swap Ratio Announcement

Gate.io Pre-Market Trading: HMSTR Points and HMSTR Token Swap Ratio Announcement

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