Many users face common challenges:

• Early Airdrop Holders: Users who hold early airdrop tokens from projects and want to realize profits but are forced to wait for the tokens to be listed.
• Optimistic Investors: Users who missed the airdrop but are bullish on the project tokens are eager to trade but find no market available.

Gate.io’s recently launched PreMint feature for pre-market trading offers innovative solutions to these problems, unlocking a range of new strategies.

What are PreMint and PreToken?

PreMint is a staking and minting mechanism for pre-market trading. It allows users to stake USDT to mint PreToken.
Unlike traditional staking, PreToken represents tokens that have not yet been listed, essentially serving as a projection of future tokens. The staked USDT acts as collateral, ensuring that once the tokens are in circulation, they will be deposited into the exchange, releasing the staked USDT. Once you have PreToken, you can trade them in the trading market.

Key Features of PreMint

1. Early Profits: Sellers can set their ideal prices in the PreToken trading market and profit in advance without waiting for project settlement.
2. Flexible Trading: Both buyers and sellers can choose the optimal time to trade PreToken based on market conditions or wait for project settlement, allowing for more flexible trading strategies.

Start and End Times

• Start Time: The PreMint entry typically opens 24 hours after project’s pre-market trading begins. Check the project’s pre-market trading announcement for specific times. The PreToken trading market opens after a certain period following the start of pre-market trading.
• End Time: The PreMint entry closes 4 hours before the pre-market trading of the project ends. The PreToken trading market closes when the pre-market trading of the project ends.

Roles in PreMint

Users participating in PreMint fall into two roles: minting users (token providers) and trading users (token buyers and sellers). Minting users can also be trading users.

• Minting Users: Minting users need to prepare the actual project tokens in advance for settlement within the specified period. Ensure you have enough actual project tokens in your account before the settlement time. After a successful settlement, the staked USDT will be refunded. If not settled on time, the staked USDT will be forfeited.
• Trading Users: Trading users in the PreToken market can choose to sell PreToken for profit before the market closes or buy and hold PreToken until settlement. After settlement, the system will distribute the actual project tokens and penalty collateral to users holding PreToken.

Various Strategies

• Strategy 1: Stake USDT to mint PreToken ➡️ Sell PreToken ➡️ Deposit actual project tokens ➡️ Redeem USDT
  Analysis: Users holding airdrops can sell in the PreToken trading market to earn profits, achieving risk-free returns and advancing their profit timeline.
• Strategy 2: Stake USDT to mint PreToken ➡️ Hold PreToken ➡️ Do not deposit actual project tokens ➡️ Forfeit USDT, receive actual project tokens and part of the penalty collateral
  Analysis: This method is like self-minting and self-buying to arbitrage through price differences. You can also choose to sell PreToken in step two to get USDT but will not receive the penalty collateral share.
• Strategy 3: Purchase PreToken ➡️ Wait for market settlement ➡️ Receive actual project tokens and part of the penalty collateral
  Analysis: This method is suitable for users optimistic about the token’s post-listing price. By purchasing PreToken early, they can profit from future market trading.

Different users can choose different strategies, and many variations of these strategies can be derived.

How to Participate

If you expect a DOGS airdrop:

1. Click the link https://www.gate.io/pre-market/DOGS and click “PreMint” to stake USDT and mint DOGS.
2. Click the PreMint button and select “Go to Trade” to participate in DOGS pre-market PreToken trading.

If you don’t expect a DOGS airdrop, simply search for the DOGS/USDT trading pair. You can profit by “buying low and selling high” with DOGS.

Users might already be familiar with spot market strategies, but the pre-market dynamics can be just as exciting. Will Gate.io’s PreMint bring about a transformation in the pre-market? Let’s wait and see.