Freedogs (FREEDOG): gate pre-market OTC trading FREEDOG points and FREEDOG Token exchange rate confirmation announcement

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?

1. 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.
2. 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 |