Babylon(BABY): Gate.io Announcement on Confirming BABY Points and BABY Tokens Conversion Ratio in Pre-Market OTC Trading

2025-04-09 13:41:33 UTC6797 перегляди

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?

  1. 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.
  2. 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


Gate.io Team
April 9th, 2025


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