Freedogs (FREEDOG) project party has announced the total amount of tokens, and pre-market trading OTC orders will undergo proportional exchange. Details are as follows:
Freedogs (FREEDOG) Total points issued: 100,000,000,000
Freedogs (FREEDOG) Token total issuance: 10,000,000,000
Exchange rate: Freedogs (FREEDOG) Token/Freedogs (FREEDOG) points = 1/10
What is a pre-market OTC trading points order?
- The pre-market OTC trading points order follows the core logic of maintaining the total market value of the token unchanged. The pre-issue amount of FREEDOG points is 100,000,000,000, serving as the token certificate for FREEDOG pre-market OTC trading. The total issuance of FREEDOG tokens is confirmed to be 10,000,000,000, so the exchange ratio is 1/10.
- All completed FREEDOG points pre-OTC trading orders will be exchanged for FREEDOG pre-OTC trading orders at a ratio of 1/10. The total order amount remains unchanged. For example, if user A sells 500 FREEDOG points at a price of 0.1 USDT, the transaction amount for that order is 50 USDT, with a collateral margin of 50 USDT. The FREEDOG exchange ratio is 1/10, where the order amount remains unchanged at 50 USDT. However, the number of tokens to be delivered in the order changes to 500 × 0.1 = 50 FREEDOG. Users can check the exchanged token quantity in the history of FREEDOG points pre-OTC trading orders.
| User A |
Transaction Price |
Transaction Quantity |
Transaction Amount |
Collateral Margin |
| FREEDOG Points |
0.1 USDT |
500 |
50 USDT |
50 USDT |
| FREEDOG Token |
1 USDT |
50 |
50 USDT |
50 USDT |
| Change Situation |
FREEDOG Points Price ✖️10 |
FREEDOG Points Quantity ➗ 10 |
Unchanged |
Unchanged |
Gate team
April 6, 2025
**Gate of Cryptocurrency**
Secure, fast, and easy trading of over 3,800 types of cryptocurrencies
**Take Action Now**
Register an account, up to $10,000 welcome bonus
Invite others to register, you can earn a 40% commission.
**Follow official channels**
Visit Gate.io Official Website
Download Gate.io App | PC Version
Follow X (Twitter), to get the latest benefits.
Join the Telegram community, discuss hot topics.
Join the global community for the latest news.
**Transparency Guarantee**
View 100% Reserve ProofDisclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
