Announcements Freedogs (FREEDOG): Gate.io Announcement on Confirming Freedogs POINTS and Freedogs Tokens Conversion Ratio in Pre-Market OTC Trading

Freedogs (FREEDOG): Gate.io Announcement on Confirming Freedogs POINTS and Freedogs Tokens Conversion Ratio in Pre-Market OTC Trading

2025-04-06 06:33:42 UTC 7121 Read

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**Due to the total token supply disclosed by the Freedogs (FREEDOG) Project, Pre-Market OTC trades will undergo a proportional conversion process. Details are as follows:**

Freedogs (FREEDOG) Point Total Supply: 100,000,000,000 
Freedogs (FREEDOG) Token Total Supply: 10,000,000,000
Conversion Ratio: Freedogs (FREEDOG) Token/ Freedogs (FREEDOG) POINTS= 1/10

**What is a Pre-Market OTC Trading Points Order?d**
1. Pre-Market OTC Points Orders follow the principle of maintaining total market cap equivalence FREEDOG POINTS has a projected issuance of 100,000,000,000, serving as the token credential for Pre-Market OTC trades of FREEDOG. The Total Supply of Freedogs Token is locked at 10,000,000,000, establishing a conversion ratio of 1:10
2. All completed FREEDOG POINTS Pre-Market OTC trades will be converted to FREEDOG Tokens at the specified ratio. The total order settlement amount will remain consistent. Example: User A purchases 500 FREEDOG POINTS for 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 1:10, the total settlement amount remains 50 USDT. And the token quantity changes to 50 FREEDOG Tokens. Users can check their Post-Conversion token quantity in the history of Pre-Market OTC transactions for FREEDOG POINTS.

| User A | Settlement Price | Points Quantity Traded | Total Settlement Amount | Deposit Guarantee |
| ------------|  ------------|  ------------|  ------------| ------------|
| FREEDOG Points | 0.1 USDT | 500 | 50 USDT | 50 USDT |
| FREEDOG Token | 1 USDT | 50 | 50 USDT | 50 USDT |
| Changes | FREEDOG POINTS price ✖️10 | FREEDOG POINTS quantity ➗ 10 | No change | No change |

<sp>
Gate.io Team
April 6, 2025
<sp>
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Freedogs (FREEDOG): Gate.io Announcement on Confirming Freedogs POINTS and Freedogs Tokens Conversion Ratio in Pre-Market OTC Trading

Freedogs (FREEDOG): Gate.io Announcement on Confirming Freedogs POINTS and Freedogs Tokens Conversion Ratio in Pre-Market OTC Trading

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