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Space and Time(SXT): Gate Announcement on Confirming SXT POINTS and SXT Tokens Conversion Ratio in Pre-Market OTC Trading
Space and Time(SXT): Gate Announcement on Confirming SXT POINTS and SXT Tokens Conversion Ratio in Pre-Market OTC Trading
2025-05-06 09:25:23 UTC55.562 views
Due to the total token supply disclosed by the Space and Time(SXT) Project, Pre-Market OTC trades will undergo a proportional conversion process. Details are as follows:
Space and Time(SXT) Point Total Supply: 1,000,000,000
Space and Time(SXT) Token Total Supply: 5,000,000,000
Conversion Ratio: Space and Time(SXT) Token/ Space and Time(SXT) POINTS= 5/1
What is a Pre-Market OTC Trading Points Order?d
- Pre-Market OTC Points Orders follow the principle of maintaining total market cap equivalence SXT POINTS has a projected issuance of 1,000,000,000, serving as the token credential for Pre-Market OTC trades of SXT. The Total Supply of SXT Token is locked at 5,000,000,000, establishing a conversion ratio of 5/1.
- All completed SXT POINTS Pre-Market OTC trades will be converted to SXT Tokens at the specified ratio. The total order settlement amount will remain consistent. Example: User A purchases 500 SXT 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 5/1, the total settlement amount remains 50 USDT. And the token quantity changes to 2500 SXT Tokens. Users can check their Post-Conversion token quantity in the history of Pre-Market OTC transactions for SXT POINTS.
| User A | Settlement Price | Points Quantity Traded | Total Settlement Amount | Deposit Guarantee |
|---|---|---|---|---|
| SXT Points | 0.1 USDT | 500 | 50 USDT | 50 USDT |
| SXT Token | 0.02 USDT | 2500 | 50 USDT | 50 USDT |
| Changes | SXT POINTS price ➗ 5 | SXT POINTS quantity ✖️5 | No change | No change |
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