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@crediblefin TGE is coming, and $CRED's implied FDV on Aspecta Pre-Market is now over $10M.
As $CRED circulates on Solana, the non-EVM-chain settlement rules will apply:
โค Settlement will be conducted in USDT on BSC based on the TWAP token price 4h post-TGE.
โค Pre-TGE Trading ends: 16:00 UTC, Jul 17 (anticipated)
โค TWAP token price calculation: TGE to TGE+4h
โค Settle short positions: TGE+12h to TGE+48h
โค Settle long positions: TGE+48h onwards
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Post-TGE flexibility: Within 0โ48 hours post-TGE, long position users can flexibly decide whether to wait to settle their positions or sell positions with AMM
Please note: TGE refers to the earliest of the following events: Binance Alpha listing, CEX listing (with withdrawal enabled), or on-chain trading pair available.