Babylon(BABY): Gate.io Pre-market OTC Trading BABY Points and BABY Token Exchange Rate Confirmation Announcement

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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?

  1. 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.
  2. 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.
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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