Turtle (TURTLE): Gate Confirms the Conversion Ratio of TURTLE Points and TURTLE Tokens in Pre-Market OTC Trading

2025-10-22 04:17 (UTC)
5,250 views

Following the disclosure of the total token supply by the Turtle (TURTLE) Project, Pre-Market OTC trading orders will be proportionally converted. Details are as follows:

Turtle (TURTLE) Points Total Supply: 1,000,000,000
Turtle (TURTLE) Token Total Supply: 1,000,000,000
Conversion Ratio: Turtle (TURTLE) Token : Turtle (TURTLE) Points = 1:1

What is a Pre-Market OTC Trading Points Order?

  1. Pre-Market OTC Points Orders follow the principle of maintaining total market capitalization equivalence. TURTLE Points have a projected issuance of 1,000,000,000, serving as the token voucher for TURTLE's Pre-Market OTC trades. The total supply of TURTLE Tokens is fixed at 1,000,000,000, resulting in a 1:1 conversion ratio.

  2. All completed TURTLE POINTS Pre-Market OTC trades will be converted to TURTLE Tokens at the specified ratio. The total order settlement amount will remain consistent.

Example: User A sells 5,000 TURTLE POINTS for 0.01 USDT per point. The total order amount is 50 USDT, with a deposit guarantee of 50 USDT. After the conversion at the ratio of 1:1, the total settlement amount remains 50 USDT, and the token quantity also remains 5,000 TURTLE Tokens. Users can check their Post-Conversion token quantity in the history of Pre-Market OTC transactions for TURTLE POINTS.

User A Settlement Price Points Quantity Traded Total Settlement Amount Deposit Guarantee
TURTLE POINTS 0.01 USDT 5,000 50 USDT 50 USDT
TURTLE TOKENS 0.01 USDT 5,000 50 USDT 50 USDT
Changes TURTLE POINTS Price X 1 TURTLE POINTS Quantity / 1 No Change No Change

Gate Team
October 22, 2025


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