Announcements Blum (BLUM): Gate Completion of Pre-Market Trading Settlement Results

Blum (BLUM): Gate Completion of Pre-Market Trading Settlement Results

2025-06-28 06:42:58 UTC 100418 Read

BLUM/USDT -3.73%

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Gate completed the BLUM PreToken minting order settlement on June 27th, 2025, at 14:00 (UTC), and the actual BLUM distribution & stake asset settlement was finalized on June 27th, 2025, at 14:30 (UTC).
1,539,648.7494 Real BLUM tokens have been distributed to users holding BLUM Pretoken at the time of the snapshot, as well as 53,661.094006 USDT pledges for which delivery was not completed on time.

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

**Details of BLUM (BLUM) Pre-Market Settlement:**
BLUM Point Minted in Total: 161,999,768.7
BLUM Minted in Total (1/100 ratio): 1,619,997.687 BLUM
BLUM Staked USDT Amount in Total: 801,622.0296074 USDT
BLUM Delivered by Minting Users in Total: 1,539,648.7494 BLUM
Returned Staking Deposits in USDT in Total: 747,960.9356014 USDT
Remaining Defaulted Staking Assets in USDT in Total: 53,661.094006 USDT

**Example:**
If User A held 1,000 BLUM (POINTS) at the snapshot, the distribution ratio for User A would be calculated as follows:
Distribution Ratio = BLUM Snapshot Amount / Total BLUM Minted (POINTS) = 1,000/161,999,768.7
The amount of BLUM User A is expected to receive is:
BLUM Amount = Distribution Ratio × Total BLUM Delivered = (1,000/161,999,768.7) × 1,539,648.7494 = 9.504 BLUM
The amount of USDT User A is expected to receive is:
USDT Amount = Distribution Ratio × Defaulted Staked Assets = (1,000/161,999,768.7) × 53,661.094006 = 0.331 USDT

For guides and FAQs on Gate PreMint participation, please visit:
https://www.gate.com/help/pre-market-trading/pre-market/39269

<sp>
Gate Team
June 28th, 2025
<sp>
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