βοΈFAQ
Q: Is there a minimum value per order on Pump Markets?
Yes, the minimum limit to create or fill offer/order is 10$ USDB or 0.00028 wETH
Q: Where can I find more information about Pump Markets?
You can find more information on our twitter @pumpmarkets or open a ticket on discord
Q: Since Points are off-chain, how could Pump Markets allow trading Points?
That is because settlement is based on project's token, not its Points. The project will only move to settlement, when the project announce Points-to-token ratio and its token release date (eligible for claiming the token).
Q: How do Pump Markets calculate points to conversion ratio?
If the project publishes an official conversion ratio on their website, twitter or discord, we will adopt such ratio
If the project doesnβt publish an official conversion ratio, we will take an average conversion ratio according to wallets from our team members, influencers and advisors. We will ensure there are various sizes of wallets to take reference from
If the team couldn't come to consensus on conversion ratio, market will be cancelled and all users can retrieve your deposit with 0% fee after 24 hours cool down period
Q: What happen if the airdrop has vesting schedule?
As long as there are more than 1% unlock at TGE for airdrop precipitants, settlement will happen as usual
For sellers who do not receive the required amount of tokens from their airdrop claim at TGE to settle their orders, they can acquire additional tokens on a CEX/DEX in order to settle within 24 hours of TGE, otherwise their collateral will be forfeitted.
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