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gate About Pre-market Trading: Tomarket (TOMA) POINTS Points and Tomarket (TOMA) Token Exchange Rate Confirmation Announcement
Due to the detailed Token economy announced by the Tomarket (TOMA) project party, pre-market trading mint orders will be converted in proportion. Details are as follows: Tomarket(TOMA) POINTS Total Supply: 100,000,000,000 Tomarket(TOMA) Total supply: 1,000,000,000,000 Exchange rate: Tomarket(TOMA) : Tomarket(TOMA) POINTS= 10/1
1. What is the pre-market trading points Token? The Token is a pre-trading Token certificate with a predetermined total issuance quantity. After the project party officially announces the Token economics, the platform will proportionally exchange the mint order quantity of mint users based on the ratio of the actual issuance quantity to the predetermined issuance quantity. The order amount remains unchanged. You can check the 'exchange quantity' in the order to determine the actual delivery quantity and prepare for delivery.
2. How do users of the minting Token project deliver When the project party announces the actual issuance amount, the platform will exchange the mint orders based on the ratio of the actual issuance total and the preset issuance amount of points. The order amount remains the same, and the actual delivery quantity is scaled up or down in proportion. For example: User A mints 5000 POINTS by staking 20 USDT, with a preset issuance of 100 billion for the project party. If the actual issuance announced by the project is 1 trillion, the exchange ratio = actual total issuance / preset issuance = 10. The actual delivery quantity after conversion in the mint order is 5000 × 10 = 50,000; mint users need to prepare 50,000 actual Tokens for delivery. If the delivery is successful, they will receive the refunded 20 USDT deposit.
3. How are points Token projects settled After the mint user completes the delivery, the system will automatically settle the users who held PreToken (points) at the time of the snapshot. After the settlement is completed, the users will receive the real Token delivered and the forfeited collateral in proportion.
Example: The details of the points project delivery are as follows: Total mint: 20,000 Points Total Staked Amount: 100,000 USDT Points exchange rate: 0.1 Total number of Token awaiting delivery = Total minting points × points exchange rate = 2,000 Token; Actual delivery quantity of Token: 1,000 Token Return the amount of USDT pledged: 50,000 USDT Remaining default collateral USDT quantity: 50,000 USDT For example: If user A has 10,000 Points at the time of the snapshot, A user's settlement allocation ratio=Snapshot amount/total minting amount=10,000/20,000=0.5, A user is expected to receive 0.5 × 1,000=500 Token and 0.5 × 50,000 =25,000 USDT respectively.
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Gate.io December 14th, 2024