Gate.io Announcement on Launching the Pre-Market PreToken Trading to Magic Eden(ME)

Gate.io will launch Pre-Market Trading to Magic Eden(ME), the detailed schedule is as below:

Pre-Mint starts time: 11:00AM UTC, November 22nd, 2024Pre-Market PreToken Trading starts time: 15:00 PM UTC, November 22nd, 2024

Pre-Market PreMint page: https://www.gate.io/premint

Pre-Market PreToken Trading Page: https://www.gate.io/trade/ME_USDT

About Magic Eden(ME):$ME is committed to supporting the MagicEden-led cross-chain ecosystem super dapp strategy, mainly focusing on acquiring more users from different public blockchain or other infrastructure, and allowing users to realize one-stop seamless trading of multi-chain assets.Website | X(Twitter)

$ME Token Max Supply: 1,000,000,000

Gate.io Pre-Market PreMint Introduction as follows:What is Gate.io Pre-market PreMint?Pre-market PreMint allows investors to lock USDT to mint PreTokens and place orders in the trading market to earn profits in advance.PreMint Feature Highlights-Take Profits Early: The seller can sell PreToken at their favorable prices in the trading market without waiting and gain profits earlier.-Trade Flexibly: The buyer can buy or sell PreToken at their favorable prices or wait for settlement, allowing for more adaptable trading strategies.PreMint Feature Rules1.The PreMint entry typically becomes available after the pre-market project begins trading. Users can lock USDT through the PreMint entry to mint PreTokens. Once minted, the corresponding PreToken balance will be added to the user’s account.2.The PreToken trading market will open after a specific period once the pre-market project begins trading. Users can trade their minted PreTokens in the PreToken trading market, following the same rules as other trading pairs.3.The PreMint entry and the PreToken trading market close before the pre-market project trading ends. After the market closes, a snapshot of each UID’s PreToken balance is taken and then cleared.4.Users can mint PreTokens during the pre-market trading period and trade them in the trading market.5.Users who pre-minted PreTokens need to deposit the corresponding project tokens before the settlement time and ensure there are enough project tokens in their accounts. The system will deduct the project tokens from the account and return the locked USDT to the user’s account.6.After settlement, the system will automatically settle PreToken holders based on the snapshot taken before the market closure. Users will then receive the real tokens and any penalty collateral from non-settling minting users.Learn moreGate.io Pre-Market Trading: https://www.gate.io/pre-marketPreMint Guide & FAQ: https://www.gate.io/help/guide/faq/38245