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Announcement on the Completion of HMSTR Pre-Market Settlement and PreToken Distribution
Gate.io has completed the HMSTR PreToken minting order settlement on September 26 at 16:00 (UTC), and the actual HMSTR distribution & staked asset settlement were finalized at 17:00 (UTC) on the same day. Based on the settlement results, HMSTR tokens deposited by users for minting have been deducted, and the staked assets have been returned. A total of 229,152,151.6 actual HMSTR tokens, along with the 1,860,446.501 USDT defaulted staked assets from users who failed to complete the settlement on time, have been distributed to users who held HMSTR PreToken at the time of the snapshot.
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 HMSTR Pre-Market Settlement:Total HMSTR Points Minted: 66,198,223.764Total HMSTR Minted (10:1 swap ratio): 661,982,237.64 HMSTRTotal Staking Amount: 5,459,859.559 USDTTotal HMSTR Delivered by Minting Users: 229,152,151.6 HMSTRReturned Staking Deposits in USDT: 3,599,413.057 USDTRemaining Defaulted Staking Assets in USDT: 1,860,446.501 USDT
Example:If User A held 1,000 HMSTR Points at the snapshot, the distribution ratio for User A would be calculated as follows:Distribution Ratio = HMSTR Points Snapshot Amount / Total HMSTR Minted (Points) = 1,000/66,198,223.764
The amount of HMSTR User A is expected to receive is:HMSTR Amount = Distribution Ratio × Total HMSTR Delivered = (1,000/66,198,223.764)×229,152,151.6= 3,461.605 HMSTR
The amount of USDT User A is expected to receive is:USDT Amount = Distribution Ratio × Defaulted Staked Assets = (1,000/66,198,223.764)×1,860,446.501= 28.104 USDT
For guides and FAQs on Gate.io PreMint participation, please visit: Gate.io PreMint Guide
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Gate.io TeamSeptember 27th, 2024
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