Announcements Gate.io Announcement on Launching the Pre-Market PreToken Trading to Usual(USUAL)

Gate.io Announcement on Launching the Pre-Market PreToken Trading to Usual(USUAL)

2024-11-15 01:51:36 UTC 30458 Read

USUAL/USDT + 2.50%

[//]:content-type-MARKDOWN-DONOT-DELETE

Gate.io will launch Pre-Market Trading to Usual(USUAL), the detailed schedule is as below:

Pre-Mint starts time: 02:00 AM UTC, November 15th, 2024
Pre-Market PreToken Trading starts time: 06:00 AM UTC, November 15th, 2024

Pre-Market PreMint page: https://www.gate.io/premint

Pre-Market PreToken Trading Page: https://www.gate.io/trade/USUAL_USDT

About Usual(USUAL):
Usual is a secure and decentralized fiat-backed stablecoin issuer that redistributes ownership and value through the $USUAL token.
[Website](https://usual.money/ "Website") | [Whitepaper](https://docs.usual.money/resources-and-ecosystem/whitepaper "Whitepaper")
USUAL Token Max Supply: 4,000,000,000

**Gate.io Pre-Market PreMint Introduction as follows:**
**What is Gate.io Pre-market PreMint?**
Pre-market PreMint allows investors to lock USDT to mint PreTokens and place orders in the trading market to earn profits in advance.
**PreMint Feature Highlights**
-Take Profits Early: The seller can sell PreToken at their favorable prices in the trading market without waiting and gain profits earlier.
-Trade Flexibly: The buyer can buy or sell PreToken at their favorable prices or wait for settlement, allowing for more adaptable trading strategies.
**PreMint Feature Rules**
1.The PreMint entry typically becomes available after the pre-market project begins trading. Users can lock USDT through the PreMint entry to mint PreTokens. Once minted, the corresponding PreToken balance will be added to the user’s account.
2.The PreToken trading market will open after a specific period once the pre-market project begins trading. Users can trade their minted PreTokens in the PreToken trading market, following the same rules as other trading pairs.
3.The PreMint entry and the PreToken trading market close before the pre-market project trading ends. After the market closes, a snapshot of each UID’s PreToken balance is taken and then cleared.
4.Users can mint PreTokens during the pre-market trading period and trade them in the trading market.
5.Users who pre-minted PreTokens need to deposit the corresponding project tokens before the settlement time and ensure there are enough project tokens in their accounts. The system will deduct the project tokens from the account and return the locked USDT to the user’s account.
6.After settlement, the system will automatically settle PreToken holders based on the snapshot taken before the market closure. Users will then receive the real tokens and any penalty collateral from non-settling minting users.

Learn more
Gate.io Pre-Market Trading: https://www.gate.io/pre-market
PreMint Guide & FAQ: https://www.gate.io/help/guide/faq/38245

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Gate.io Team
Nov 15th, 2024

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