Dear CoinEx Users,
Pre-token Trading is an innovative service that enables pre-minting (creating), trading, and delivering PreTokens by staking assets. CoinEx Pre-Token Trading will launch PRE_AO (PRE_AO) on Mar 5, 2025. Details are as follows:
New PreToken
1. Name: PRE_AO
2. Time: 08:00, Mar 5, 2025 (UTC)
3. Services: Pre-minting, Spot Trading
Access
1. Web: Navigation Bar - Spot Trading - Pre-Token Trading
2. App: CoinEx App Homepage - More - Pre-Token Trading
About PRE_AO
The ao computer is a single, unified computing environment (a Single System Image), hosted on a heterogenous set of nodes in a distributed network. AO is designed to offer an environment in which an arbitrary number of parallel processes can be resident, coordinating through an open message passing layer. This message passing standard connects the machine's independently operating processes together into a 'web' -- in the same way that websites operate on independent servers but are conjoined into a cohesive, unified experience via hyperlinks.
PRE_AO is a PreToken under Pre-Token Trading for predicting the spot price of AO, which will fluctuate based on market expectations of AO's price movements following its listing on the Spot market. By pre-minting and trading PRE_AO, users can predict the price movements of AO following its listing on the spot market. The trading price of PRE_AO does not directly affect the price of AO, both are a reflection of market expectations.
About AO
1. Total Supply: 21,000,000
2. Funding Information: Community Labs’ founder launches AO Ventures, investing $35 million to promote the development of Arweave and AO.
3. Team Introduction:
Co-Founder & CEO - Sam Williams
COO - Sebastian Campos Groth
4. Token Distribution: AO will be 100% fair launch. Zero pre-mine, pre-sales, preferential access, etc. Every single token will be minted by bridging to AO, holding $AR, or building. Total supply is 21m, 4 year halving.
How to Participate
1. If you assume the AO spot price may go up after its listing on the Spot market, you can purchase PreTokens in the trading market and AO until delivery, at which time the delivery rule is only applicable to position delivery.
- Final Profit = Position delivery amount* - Purchase cost
Position delivery amount = Held quantity * Delivery price - Delivery fee
2. If you assume the AO spot price may go down after its listing on the Spot market, you may need to first pre-mint PreTokens, sell them in the trading market, and wait for delivery. In this case, your PreTokens will apply to both position delivery and pre-minting delivery.
- Final Profit = Pre-minting delivery amount* + Position delivery amount* + Revenue from selling - Collateral cost
Pre-minting delivery amount = Staked amount - Final pre-minted quantity * Delivery price - Delivery fee
Position delivery amount = Held quantity * Delivery price - Delivery fee
Please note that the price of PRE_AO is a reflection of market expectations and can be highly volatile. Please carefully evaluate your risk tolerance before participating.
PreToken Info
1. Name: PRE_AO
2. Ticker: PRE_AO
3. Pre-minting time: 08:00 Mar 5, 2025 (UTC)
4. Pre-minting price: 100 USDT
Trading Info
1. Trading Start: 08:30 Mar 5, 2025 (UTC)
2. Trading Pair: PRE_AO/USDT
3. Opening Method: Call Auction
(1) Call Auction
08:30 - 08:50, Mar 5, 2025 (UTC): Orders can be placed and canceled
08:50 - 09:00, Mar 5, 2025 (UTC): Orders can be placed but not canceled
(2) Trading
09:00 Mar 5, 2025 (UTC): Trading available
AMM: PRE_AO supports AMM, allowing any CoinEx user to become a market maker by providing liquidity and earn 50% of trading fees of the market, calculated on a daily basis. Learn more about AMM >>
Delivery Info
1. Delivery time: The delivery will occur 4 hours after AO is listed on the spot market. The delivery schedule may be adjusted if there are any changes to the listing time.
2. Delivery price: The delivery price is determined by calculating the average of 1-min candlestick closing price during the hour before delivery. CoinEx may adjust the final delivery price if any market manipulation is detected during the price calculation period. If the delivery price is calculated higher than 100 USDT, the delivery is capped at 100 USDT.
Fees
1. Redeeming Fee: 2%
2. Delivery Fee: 1%
3. Trading Fee: 0.3%
More Info
Risk Warning
Please ensure you fully understand the rules and the project of Pre-Token Trading before participating. Pre-Token Trading is highly speculative with significant price volatility and investment risks. We encourage you to make informed investment decisions based on your understanding of cryptocurrency and careful assessment of your investment capacity.
CoinEx Team
Mar 5, 2025