Babylon(BABY) project party has announced the total amount of Token, and the pre-market trading OTC orders will be proportionally exchanged. Details are as follows:
Babylon(BABY) Total issuance of points: 10,000,000,000
Babylon(BABY) Token total issuance: 10,000,000,000
Exchange rate: Babylon(BABY) Token/Babylon(BABY) Points = 1/1
What is a pre-market OTC trading points order?
- The pre-market OTC trading points orders follow the core logic of the total market value of the Token remaining unchanged. The pre-issue volume of BABY points is 10,000,000,000, serving as the token certificate for BABY pre-market OTC trading. The total issuance of BABY Token is confirmed to be 10,000,000,000, thus the exchange ratio is 1/1.
- All completed BABY points pre-market OTC trading orders will be exchanged for BABY pre-market OTC trading orders at a ratio of 1/1. The total order amount remains unchanged. For example, if User A sells 500 BABY 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 BABY exchange ratio is 1/1, where the order amount remains unchanged, still being 50 USDT. The number of tokens to be settled in the order remains unchanged at 500 × 1 = 500 BABY. Users can check the exchanged token quantity in the pre-market OTC trading history orders of BABY points.
| User A |
Transaction Price |
Transaction Quantity |
Transaction Amount |
Collateral Margin |
| BABY Points |
0.1 USDT |
500 |
50 USDT |
50 USDT |
| BABY Token |
0.1 USDT |
500 |
50 USDT |
50 USDT |
| Variations |
BABY Points Price ✖️1 |
BABY Points Quantity ➗ 1 |
No change |
No change |
Gate.io team
April 9, 2025
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