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Babylon(BABY): Gate Announcement on Confirming BABY Points and BABY Tokens Conversion Ratio in Pre-Market OTC Trading
Babylon(BABY): Gate Announcement on Confirming BABY Points and BABY Tokens Conversion Ratio in Pre-Market OTC Trading
2025-04-09 13:41:33 UTC21.214 views
Due to the total token supply disclosed by the Babylon(BABY) Project, Pre-Market OTC trades will undergo a proportional conversion process. Details are as follows:
Babylon(BABY) Point Total Supply: 10,000,000,000
Babylon(BABY) Token Total Supply: 10,000,000,000
Conversion Ratio: Babylon(BABY) Token/ Babylon(BABY) POINTS= 1/1
What is a Pre-Market OTC Trading Points Order?
- Pre-Market OTC Points Orders follow the principle of maintaining total market cap equivalence BABY POINTS has a projected issuance of 10,000,000,000, serving as the token credential for Pre-Market OTC trades of BABY. The Total Supply of BABY Token is locked at 10,000,000,000, establishing a conversion ratio of 1:1.
- All completed BABY POINTS Pre-Market OTC trades will be converted to BABY Tokens at the specified ratio. The total order settlement amount will remain consistent. Example: User A purchases 500 BABY 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 1:1, the total settlement amount remains 50 USDT. And the token quantity also remains 500 BABY Tokens. Users can check their Post-Conversion token quantity in the history of Pre-Market OTC transactions for BABY POINTS.
| User A | Settlement Price | Points Quantity Traded | Total Settlement Amount | Deposit Guarantee |
|---|---|---|---|---|
| BABY Points | 0.1 USDT | 500 | 50 USDT | 50 USDT |
| BABY Token | 0.1 USDT | 500 | 50 USDT | 50 USDT |
| Changes | BABY POINTS price ✖️1 | BABY POINTS quantity ➗ 1 | No change | No change |
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