Bitget pre-market trade mapping: Hamster Kombat Futures Coin (HMSTRBG) orders to be mapped to Hamster Kombat (HMSTR) orders

We're excited to announce that we will commence the mapping of Hamster Kombat Futures Coin (HMSTRBG) pre-market orders to Hamster Kombat (HMSTR) orders. This change follows the Hamster Kombat (HMSTR) project team’s announcement of the tokenomics and total supply.

Hamster Kombat Futures Coin (HMSTRBG) total supply: 10 billion

Hamster Kombat (HMSTR) total supply: 100 billion

Mapping ratio: HMSTRBG : HMSTR = 1:10

Hamster Kombat Futures Coin (HMSTRBG) pre-market trading end time: September 13, 2024, 6:00 (UTC)

Pre-market order mapping period: September 13, 2024, 6:00 – 8:00 (UTC)

Hamster Kombat (HMSTR) pre-market trading start time: September 13, 2024, 8:00 (UTC)

Hamster Kombat (HMSTR) pre-market trading end time: September 26, 2024, 11:30 (UTC)

Hamster Kombat (HMSTR) pre-market delivery time: September 26, 2024, 16:00 (UTC)

What is pre-market trading mapping?

1. The mapping does not change the market cap of a token. Initially, 10 billion HMSTRBG were issued by Bitget as stand-in tokens for Hamster Kombat Futures Coin pre-market trading. Now that the total supply of Hamster Kombat (HMSTR) is confirmed to be 100 billion, the mapping ratio is set at 1:10.

2. All filled pre-market trading orders for Hamster Kombat Futures Coin (HMSTRBG) will be mapped at a 1:10 ratio to Hamster Kombat (HMSTR) pre-market orders. The order amount and the security deposit will remain unchanged.

3. Hamster Kombat Futures Coin (HMSTRBG) pre-market orders will be converted into Hamster Kombat (HMSTR) pre-market orders and delivered along with Hamster Kombat (HMSTR) pre-market orders.

4. After the pre-market trading of Hamster Kombat Futures Coin (HMSTRBG) ends, any open orders will be canceled.

5. No action is needed on your part, as the system will automatically handle the mapping process. In reference to the mapping ratio of 1:10, please check the quantities of your orders after the mapping.

How are Hamster Kombat Futures Coin mapped after the TGE of Hamster Kombat?

After Hamster Kombat officially launches its tokens, Bitget will convert Hamster Kombat Futures Coin to Hamster Kombat for pre-market delivery based on the actual tokenomics. The order amount filled by users in pre-market trading will remain unchanged, but the quantity and price of the coins will be mapped accordingly.

For example, User A sells 5000 Hamster Kombat Futures Coin at 0.06 USDT. The order has been filled with a total value of 300 USDT, and a security deposit of 300 USDT has been frozen.

The 1:10 mapping ratio of Hamster Kombat does not affect the order value and the security deposit, both of which remain at 300 USDT. The token delivery quantity will be increased to 5000 × 10 = 50,000 Hamster Kombat, and the token price will be mapped to 0.06 ÷ 10 = 0.006 USDT. You can view the original orders in the order history of Hamster Kombat Futures Coin (HMSTRBG) pre-market trading. Mapped orders can be found in the order history of Hamster Kombat (HMSTR) pre-market trading.

*Note that User A (the seller) must ensure they have an available balance of at least 50,000 Hamster Kombat in their spot account before the Hamster Kombat (HMSTR) pre-market delivery. Otherwise, the delivery will fail, and they will be deemed in default.

Example

Disclaimer

Cryptocurrencies are subject to high market risk and volatility, despite their high growth potential. Users are strongly advised to conduct their own research and invest at their own discretion. Thank you for supporting Bitget.