How Pre-Market Mapping Adjusts Token Orders After Supply Is Set
Summary
This document explains a platform mechanism for converting pre-market orders in a provisional token into orders for the official token after its total supply is announced. It says the conversion uses a proportional mapping so that the order’s total value and security deposit remain unchanged, while token quantity and unit price adjust inversely to the mapping ratio.
A DOGS POINTS example shows an announced supply producing a 1-to-5.5 conversion: a filled order’s quantity increases by that factor and its price decreases by the same factor, with the stated order amount and deposit preserved. The article also notes that sellers must hold enough of the mapped token for delivery or settlement may fail. This explains the platform’s stated mechanics, but does not assess market risk, settlement rules beyond the example, or whether pre-market prices predict later trading.
Key ideas
- Pre-market mapping converts provisional token orders using a ratio based on announced total supply.
- The example preserves the order value and deposit while adjusting unit price and token quantity proportionally.
- Sellers need sufficient mapped tokens in their spot balance to meet delivery requirements.
- The example describes platform mechanics and provides no evidence about price predictiveness.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.