Announcements Space and Time(SXT): Gate.io Announcement on Confirming SXT POINTS and SXT Tokens Conversion Ratio in Pre-Market OTC Trading

Space and Time(SXT): Gate.io Announcement on Confirming SXT POINTS and SXT Tokens Conversion Ratio in Pre-Market OTC Trading

2025-05-06 09:25:23 UTC 56498 Read

SXT/USDT -0.71%

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**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**
1. 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.
2. 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.

<sp>
Gate.io Team
May 6, 2025
<sp>
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Space and Time(SXT): Gate.io Announcement on Confirming SXT POINTS and SXT Tokens Conversion Ratio in Pre-Market OTC Trading

Space and Time(SXT): Gate.io Announcement on Confirming SXT POINTS and SXT Tokens Conversion Ratio in Pre-Market OTC Trading

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