According to the total token supply disclosed by the Limitless (LMTS) Project, Pre-Market OTC trades will undergo a proportional conversion process. Details are as follows:
Total Supply of Limitless (LMTS) Point: 1,000,000,000
Total Supply of Limitless (LMTS) Token: 1,000,000,000
Conversion Ratio: Limitless (LMTS) Token / Limitless (LMTS) Points = 1/1
Please always pay attention to the delivery schedule and deliver on time. Failure to comply with the delivery schedule may result in the loss of collateral.
What is a Pre-Market OTC Point Order?
- The key logic of Point projects in Pre-Market OTC is that the total market cap remains unchanged after conversion. As a token credential for trading LMTS in Pre-Market OTC, LMTS Points has a preset supply of 1,000,000,000. Now that the total supply of LMTS Token is confirmed at 1,000,000,000, the conversion ratio is 1/1.
- All LMTS Points in Pre-Market OTC trades will be converted to LMTS Tokens at the specified ratio. The total order value will remain unchanged.
Example: User A sells 5000 LMTS Points for 0.01 USDT per point. The total order value is 50 USDT, with a collateral of 50 USDT. After the conversion at a 1:1 ratio, the total order value remains at 50 USDT, and the token quantity also remains at 5000 LMTS Tokens. Users can check their post-conversion token quantity in the history of Pre-Market OTC transactions for LMTS Points.
| User A |
Fill Price |
Quantity Traded |
Order Value |
Collateral |
| LMTS Points |
0.01 USDT |
5000 |
50 USDT |
50 USDT |
| LMTS Tokens |
0.01 USDT |
5000 |
50 USDT |
50 USDT |
| Changes |
LMTS Points price ️× 1 |
LMTS Points quantity / 1 |
No change |
No change |
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