Announcements Announcement on the Completion of Scroll(SCR) Pre-Market Settlement and PreToken Distribution

Announcement on the Completion of Scroll(SCR) Pre-Market Settlement and PreToken Distribution

2024-10-22 13:57:53 UTC 11695 Read

SCR/USDT + 6.52%

[//]:content-type-MARKDOWN-DONOT-DELETE
Gate.io has completed the SCR PreToken minting order settlement on October 22nd at 12:00PM (UTC), and the actual SCR distribution & staked asset settlement was finalized at 12:30PM (UTC) on the same day.

Based on the settlement results, SCR tokens deposited by users for minting have been deducted, and the staked assets have been returned. A total of 817,120.3615 actual SCR tokens, along with the 39,562.78342 USDT defaulted staked assets from users who failed to complete the settlement on time, have been distributed to users who held SCR PreToken at the time of the snapshot.

Please visit the “Assets” section and click on “Bills” in the top right corner to view the details of the PreMint settlement statement under “PreMint Settlement Token” and “Staked Assets Settlement.”

Details of SCR Pre-Market Settlement:
Total SCR Minted: 830,674.3515 SCR
Total Staking Amount: 2,264,487.925408 USDT
Total SCR Delivered by Minting Users: 817,120.3615 SCR
Returned Staking Deposits in USDT: 2,224,925.141988 USDT
Remaining Defaulted Staking Assets in USDT: 39,562.78342 USDT

**Example:**
If User A held 1,000 SCR at the snapshot, the distribution ratio for User A would be calculated as follows:
Distribution Ratio = SCR Snapshot Amount / Total SCR Minted = 1,000/830,674.3515

The amount of SCRUser A is expected to receive is:
SCR Amount = Distribution Ratio × Total SCR Delivered =(1,000/830,674.3515)×817,120.3615=983.683 SCR

The amount of USDT User A is expected to receive is:
USDT Amount = Distribution Ratio × Defaulted Staked Assets = (1,000/830,674.3515)×39,562.78342 =47.627 USDT

For guides and FAQs on Gate.io PreMint participation, please visit: [Gate.io PreMint Guide](https://www.gate.io/zh/help/pre-market-trading/pre-market/38256/how-to-participate-in-pre-market-pretoken-minting-trading-guide "Gate.io PreMint Guide")

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Gate.io Team
October 22nd， 2024

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Announcement on the Completion of Scroll(SCR) Pre-Market Settlement and PreToken Distribution

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