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

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

2025-02-20 06:40:46 UTC 7777 Read

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**Due to the total token supply disclosed by the Pain(PAIN) Project, Pre-Market OTC trades will undergo a proportional conversion process. Details are as follows:**

Pain(PAIN) Point Total Supply: 100,000,000,000

Pain(PAIN) Token Total Supply: 10,000,000

Conversion ratio: PAIN Token: PAIN Points = 1:10,000

**What is a Pre-Market OTC Trading Points Order?**
1.Pre-Market OTC Points Orders follow the principle of maintaining total market cap equivalence.PAIN POINTS has a projected issuance of 100,000,000,000, serving as the token credential for Pre-Market OTC trades of PAIN. The Total Supply of PAIN is locked at 100,000,000, establishing a conversion ratio of 1:10,000.

2.All completed PAIN POINTS Pre-Market OTC trades will be converted to PAIN Tokens at the specified ratio.The total order settlement amount will remain consistent.
Example:
User A purchases 5000 PAIN POINTS for 0.01 USDT per point. The total order amount is 50 USDT, with a deposit guarantee of 50 USDT.
After the conversion at the ratio of 1:10,000, the total settlement amount remains 50 USDT. Also, the token quantity will remain at 0.5 PAIN Tokens.
Users can check their Post-Conversion token quantity in the history of Pre-Market OTC transactions for PAIN POINTS.

| User A  |Settlement Price   |Points Quantity Traded   |Total Settlement Amount   |Deposit Gaurantee   |
| ------------ | ------------ | ------------ | ------------ | ------------ |
|PAIN Points   | 0.01 USDT  |5000   | 50 USDT  |50 USDT   |
|PAIN Token   | 100 USDT  | 0.5  |50 USDT   |50 USDT   |
|Changes   | PAIN POINTS Price * 10,000  | PAIN POINT QUANTITY ➗10,000  |No Change   | No Change  |

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Gate.io Team
February 20, 2025

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

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

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