Announcements Goats (GOATS): Gate.io Completion of Pre-Market Trading Settlement Results

Goats (GOATS): Gate.io Completion of Pre-Market Trading Settlement Results

2024-12-06 04:06:19 UTC 9317 Read

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Gate.io completed the GOATS PreToken minting order settlement on December 5th at 2:00 PM (UTC), and the actual GOATS distribution & stake asset settlement was finalized at 02:30 PM (UTC) on the same day.

462,332 Real GOATS tokens have been distributed to users holding GOATS Pretoken at the time of the snapshot, as well as141,969.786784 USDT pledges for which delivery was not completed on time.

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 GOATS Pre-Market Settlement:**
Goats(GOATS) Minted in Total: 809,435,295.4 GOATS
Goats(GOATS)Staked USDT Amount in Total: 142,169.3357516 USDT
GOATS Delivered by Minting Users in Total: 462,332 GOATS
Returned Staking Deposits in USDT in Total: 199.5489676 USDT
Remaining Defaulted Staking Assets in USDT in Total: 141,969.786784 USDT

**Example:**
If User A held 1,000 GOATS at the snapshot, the distribution ratio for User A would be calculated as follows:
Distribution Ratio = GOATS Snapshot Amount / Total GOATS Minted = 1,000/809,435,295.4
The amount of GOATS User A is expected to receive is:
GOATS Amount = Distribution Ratio × Total GOATS Delivered = (1,000/809,435,295.4)×462,332= 0.5712 GOATS
The amount of USDT User A is expected to receive is:
USDT Amount = Distribution Ratio × Defaulted Staked Assets =(1,000/809,435,295.4)×141,969.786784= 0.1754 USDTUSDT
For guides and FAQs on Gate.io PreMint participation, please visit: https://www.gate.io/help/guide/faq/38245

<sp>
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Gate.io Team
December 4th, 2024

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