Announcement on the Completion of Zircuit (ZRC) Pre-Market Trading Settlement Results

Gate.io completed the ZRC PreToken minting order settlement on November 25th at 15:00 PM (UTC), and the actual ZRC distribution & stake asset settlement was finalized at 15:30 PM (UTC) on the same day.

1,001,285.8 Real ZRC tokens have been distributed to users holding ZRC Pretoken at the time of the snapshot, as well as 21,064.0209722 USDT pledges for which delivery was not completed on time.

Please visit the “Assets” section and click on “Bills” in the top right corner to view the details of the PreMint settlement statement under “PreMint Settlement Token” and “Staked Assets Settlement.”

Details of ZRC Pre-Market Settlement:Zircuit (ZRC)Minted in Total: 1,146,240.04 ZRCZircuit (ZRC)Staked USDT Amount in Total: 152,609.0081114 USDTZRC Delivered by Minting Users in Total: 1,001,285.8 ZRCReturned Staking Deposits in USDT in Total: 131,544.9871392 USDTRemaining Defaulted Staking Assets in USDT in Total: 21,064.0209722 USDT

Example:If User A held 1,000 ZRC at the snapshot, the distribution ratio for User A would be calculated as follows:Distribution Ratio = ZRC Snapshot Amount / Total ZRC Minted = 1,000/1,146,240.04The amount of ZRC User A is expected to receive is:ZRC Amount = Distribution Ratio × Total ZRC Delivered = (1,000/1,146,240.04)×1,001,285.8= 873.539 ZRCThe amount of USDT User A is expected to receive is:USDT Amount = Distribution Ratio × Defaulted Staked Assets =(1,000/1,146,240.04)×21,064.0209722= 18.377 USDT

For guides and FAQs on Gate.io PreMint participation, please visit: https://www.gate.io/help/guide/faq/38245