[//]:content-type-MARKDOWN-DONOT-DELETE **Due to the total token supply disclosed by the Succinct (PROVE) Project, Pre-Market OTC trades will undergo a proportional conversion process. Details are as follows:** Succinct (PROVE) Point Total Supply: 1,000,000,000 Succinct (PROVE) Token Total Supply: 1,000,000,000 Conversion Ratio: Succinct (PROVE) Token / Succinct (PROVE) POINTS = 1/1 **What is a Pre-Market OTC Trading POINTS Order?** 1. Pre-Market OTC POINTS Orders follow the principle of maintaining total market cap equivalence PROVE POINTS has a projected issuance of 1,000,000,000, serving as the token credential for Pre-Market OTC trades of PROVE. The Total Supply of PROVE Token is locked at 1,000,000,000 , establishing a conversion ratio of 1/1. 2. All completed PROVE POINTS Pre-Market OTC trades will be converted to PROVE Tokens at the specified ratio. The total order settlement amount will remain consistent. Example: User A purchases 500 PROVE POINTS for 0.1 USDT per point. The total order amount is 50 USDT, with a deposit guarantee of 50 USDT. After the conversion at the ratio of 1/1, the total settlement amount remains 50 USDT, and the token quantity also remains 500 PROVE Tokens. Users can check their Post-Conversion token quantity in the history of Pre-Market OTC transactions for PROVE POINTS. | User A | Settlement Price | POINTS Quantity Traded | Total Settlement Amount | Deposit Guarantee | | ------------ | ------------ | ------------ | ------------ | ------------ | | PROVE POINTS | 0.1 USDT | 500 | 50 USDT | 50 USDT | | PROVE Tokens | 0.1 USDT | 500 | 50 USDT | 50 USDT | | Changes | PROVE POINTS price ✖️1 | PROVE POINTS quantity ➗ 1 | No change | No change | Gate Team August 5, 2025 **Gateway to Crypto** Trade over 3,500 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

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