XT Announcement on Pre-Market Trading: BLUM (Blum) Points Swap and Swap Ratio

Dear XTers,

XT launched BLUM pre-market trading on October 17, 2024, at 08:00 (UTC). We will soon initiate BLUM (Blum) points and BLUM token swap, with the details as follows:

1. XT will suspend BLUM/USDT trading on June 27, 2025, at 10:40 (UTC). Please cancel your open orders in advance. Any orders not canceled before the deadline will be automatically canceled by the system.
2. The BLUM (Blum) project has announced its detailed tokenomics. Pre-market minted orders will be swapped according to the following ratio:
   - BLUM (Blum) POINTS Total Supply: 100,000,000,000
   - BLUM (Blum) Total Supply: 1,000,000,000
   - Swap Ratio: BLUM (Blum): BLUM (Blum) POINTS = 1: 100
3. The resumption time for BLUM trading will be announced separately. If you have any questions, please contact XT Online Support promptly.
    

1. What are pre-market trading points tokens?

Points tokens are pre-market trading token certificates with a preset total issuance. Once the project officially announces its tokenomics, the platform will convert the minted orders proportionally based on the actual issuance compared to the preset issuance, while keeping the order amount unchanged.

2. How do users with minted pre-market trading points tokens complete delivery?

When the project announces the actual issuance, the platform will convert minted orders based on the ratio of the actual token issuance to the preset points issuance.

3. How are pre-market trading points tokens settled?

After the delivery of minted orders is completed, the system will automatically settle for users holding PreToken (points) at snapshot time.