Announcements Gate.io Announcement on Pre-Listing OTC Trading: Confirmation on Tomarket(TOMA) POINTS and Tomarket(TOMA) Tokens Conversion Ratio

Gate.io Announcement on Pre-Listing OTC Trading: Confirmation on Tomarket(TOMA) POINTS and Tomarket(TOMA) Tokens Conversion Ratio

2024-12-13 17:16:44 UTC 17209 Read

TOMA/USDT + 20.47%

[//]:content-type-MARKDOWN-DONOT-DELETE

**Due to the detailed tokenomics disclosed by the Tomarket(TOMA) project, pre-listing OTC trades will undergo a proportional conversion process. Details are as follows:**

-Tomarket(TOMA) POINTS total supply: 100,000,000,000
-Tomarket(TOMA) total supply: 1,000,000,000,000
-Conversion ratio: TOMA : TOMA POINTS= 10/1

**What is a Pre-Listing OTC Trading Points Order?**
1.Pre-Listing OTC Points Orders follow the principle of maintaining total market cap equivalence
TOMA POINTS has a projected issuance of 100,000,000,000, serving as the token credential for pre-listing OTC trades of TOMA. The total supply of TOMA is locked at 1,000,000,000,000, establishing a conversion ratio of 10:1.

2.All completed TOMA POINTS pre-listing OTC trades will be converted to TOMA at the specified ratio
The total order settlement amount will remain consistent.

Example:
User A purchases 500 TOMA POINTS at a price of 0.1 USDT per point. The total order amount is 50 USDT, with a deposit guarantee of 50 USDT.
After the conversion at the ratio of 10:1, the total settlement amount remains 50 USDT, but the token quantity will  increase from 500 TOMA POINTS to 5000 TOMA (500 ✖️ 10 = 5,000).
Users can check their post-conversion token quantity in the history of pre-listing OTC transactions for TOMA POINTS.

|User A   |Settlement Price   |Points Quantity Traded   |Total Settlement Amount   |Deposit Guarantee   |
| ------------ | ------------ | ------------ | ------------ | ------------ |
|TOMA POINTS   |0.1 USDT   |500   |50 USDT   |50 USDT   |
|TOMA   |0.01   |5000   |50 USDT   |50 USDT   |
|Changes   |TOMA POINTS Price ➗10   |TOMA POINTS Quantity ✖️  10   |No Change   |No Change   |

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Gate.io Team
December 14th, 2024

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Gate.io Announcement on Pre-Listing OTC Trading: Confirmation on Tomarket(TOMA) POINTS and Tomarket(TOMA) Tokens Conversion Ratio

Gate.io Announcement on Pre-Listing OTC Trading: Confirmation on Tomarket(TOMA) POINTS and Tomarket(TOMA) Tokens Conversion Ratio

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