Blum(BLUM): Gate Announcement on Confirming BLUM POINTS and BLUM Tokens Conversion Ratio in Pre-Market OTC Trading

2025-06-26 07:12:51 UTC60199 views

Due to the total token supply disclosed by the Blum(BLUM) Project, Pre-Market OTC trades will undergo a proportional conversion process. Details are as follows:
Blum(BLUM) Point Total Supply: 100,000,000,000
Blum(BLUM) Token Total Supply: 1,000,000,000
Conversion Ratio: Blum(BLUM) Token : Blum(BLUM) POINTS = 1:100

What is a Pre-Market OTC Trading Points Order?

  1. Pre-Market OTC Points Orders follow the principle of maintaining total market cap equivalence BLUM POINTS has a projected issuance of 100,000,000,000, serving as the token credential for Pre-Market OTC trades of BLUM. The Total Supply of BLUM Token is locked at 1,000,000,000, establishing a conversion ratio of 1:100
  2. All completed BLUM POINTS Pre-Market OTC trades will be converted to BLUM Tokens at the specified ratio. The total order settlement amount will remain consistent.
    Example: User A sells 5000 BLUM POINTS for 0.01 USDT per point. The total order amount is 50 USDT, with a deposit guarantee of 50 USDT. After the conversion at the ratio of 1:100, the total settlement amount remains 50 USDT, but the token quantity will reduce from 5,000 BLUM POINTS to 50 BLUM (5,000 ÷ 100 = 50). Users can check their Post-Conversion token quantity in the history of Pre-Market OTC transactions for BLUM POINTS.
User A Settlement Price Points Quantity Traded Total Settlement Amount Deposit Guarantee
BLUM Points 0.01 USDT 5000 50 USDT 50 USDT
BLUM Tokens 1 USDT 50 50 USDT 50 USDT
Changes BLUM POINTS price × 100 BLUM POINTS quantity / 100 No change No change


Gate Team
June 26th, 2025


Gateway to Crypto
Trade over 3,600 cryptocurrencies safely, quickly, and easily on Gate
Take Action Now
Sign up and claim up to $10,000 in welcome rewards
Invite friends and earn a 40% commission
Stay Connected
Visit Gate’s official website
Download the Gate App | Desktop
Follow us on X (Twitter) to get more bonuses
Join our Telegram community to discuss trending topics
Engage with our global community for the latest insights
Transparency & Security
Check our 100% Proof of Reserves