Kriya(KDX)：Gate Announcement on Confirming KDX POINTS and KDX Tokens Conversion Ratio in Pre-Listing OTC Trading

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

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. KDX Points are pre-released in quantities of 1,000,000,000 as Token Vouchers for Kriya (KDX) Pre-Market Trading, and the Total Supply of Kriya (KDX) is confirmed to be 100,000,000 so the Swap Ratio is 1:10.

2.All filled KDX Points Pre-Market Trading Orders will be swapped to Kriya (KDX) Pre-Market Trading Orders at a ratio of 1:10. The total order amount remains unchanged.
For example, if user A sells 5,000 KDX Points at 0.01 USDT, the order amount will be 50 USDT and the collateral will be 50 USDT.
The KDX Swap Ratio is 1:10, where the order amount remains unchanged at 50 USDT, and the quantity of tokens to be delivered is still 5000 × 1 = 5,000. Users can review the Swapped Tokens in the Pre-Market Trading history of KDX Points.

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Gate Team
January 20th, 2025