The Babylon(BABY) project party has announced the total amount of tokens, and pre-market trading OTC orders will be proportionally exchanged, details are as follows:
Babylon(BABY)Total issuance of points: 10,000,000,000
Babylon(BABY) Total Token Issuance: 10,000,000,000
Exchange rate: Babylon(BABY) Token/Babylon(BABY) points = 1/1
What is a pre-market OTC trading points order?
Pre-market OTC trading points orders follow the core logic of keeping the total market value of the Token unchanged, with a pre-issue volume of 10,000,000,000 BABY points, serving as the Token certificate for BABY pre-market OTC trading. The total issuance of BABY Token is confirmed to be 10,000,000,000, so the exchange ratio is 1/1.
All completed BABY point pre-OTC trading orders will be exchanged for BABY pre-OTC trading orders at a ratio of 1/1. The total order amount remains unchanged. For example, if User A sells 500 BABY points at a price of 0.1 USDT, the transaction amount for that order is 50 USDT, with a collateral margin of 50 USDT. The BABY exchange ratio is 1/1, where the order amount remains unchanged at 50 USDT. The number of tokens to be delivered in the order remains unchanged at 500 × 1 = 500 BABY. Users can view the exchanged token quantity in the historical orders of BABY point pre-OTC trading.
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Babylon(BABY): Gate.io Pre-market OTC Trading BABY Points and BABY Token Exchange Rate Confirmation Announcement
The Babylon(BABY) project party has announced the total amount of tokens, and pre-market trading OTC orders will be proportionally exchanged, details are as follows: Babylon(BABY)Total issuance of points: 10,000,000,000 Babylon(BABY) Total Token Issuance: 10,000,000,000 Exchange rate: Babylon(BABY) Token/Babylon(BABY) points = 1/1
What is a pre-market OTC trading points order?
| User A | Transaction Price | Transaction Quantity | Transaction Amount | Collateral Margin | | ------------ | ------------ |------------|------------| ------------| | BABY Points | 0.1 USDT | 500 | 50 USDT | 50 USDT | | BABY Token | 0.1 USDT | 500 | 50 USDT | 50 USDT | | Change Status | BABY Points Price ✖️1 | BABY Points Quantity ➗ 1 | Unchanged | Unchanged |
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