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Gate.io Will Launch Trading Services of Aragon (ANT) and IRISnet (IRIS)

2020-08-13 17:09:33Read:50073

The ANT trading will be enabled on 10:00 AM GMT, August 13th 2020 on Gate.io and the IRIS trading will be enabled on 12:00 AM GMT, August 13th 2020 on Gate.io.


Introduction to Aragon


1. Project Introduction
Aragon is an open-source, community-driven project with the mission to empower freedom by creating tools for decentralized organizations to thrive.
The flagship product of the project is the Aragon client, a tool for creating and participating in decentralized organizations on Ethereum. The project is also building the Aragon Network, the world's first digital jurisdiction.

Website:https://aragon.org/
Whitepaper:https://github.com/aragon/whitepaper


2. Token Information
ANT is the native token of the Aragon Network. ANT is used to back work tokens for dedicated network services, and is also a governance token for managing the overall network.

(1) Token Symbol: ANT

(2) Total Supply: 39,609,524

(3) Current Circ. Supply: 32,674,120

(4) Inflation Rules:
ANT will continue to be minted by the network following the initial sale and network deployment. Minting new tokens will have a cost, and a percentage of the fees (decided by governance) paid by organizations to join the network will fund the minting of new tokens. This creates an incentive for Aragon organizations to pay fees, as organizations that contribute more will receive more ANT. The cost to mint new tokens will be determined by ANT token holders.


3.Deposit ANT at https://www.gate.io/myaccount/deposit/ANT

4.Trade ANT at https://www.gate.io/trade/ANT_USDT


Introduction to IRISnet


1. Project Introduction
IRISnet (a.k.a IRIS Hub) is designed to be the foundation for the next generation distributed applications. Built with Cosmos-SDK, IRIS Hub enables cross-chain interoperability through a unified service model, while providing a variety of modules to support DeFi applications.
IRISnet dev teams include Bianjie, a national award-winning blockchain technology team based in Shanghai, and Tendermint, the world-famous team that created the Tendermint consensus engine and the Cosmos project.

Official website: https://www.irisnet.org/
Link to Whitepaper: https://github.com/irisnet/irisnet/blob/master/%E7%99%BD%E7%9A%AE%E4%B9%A6.md

2. Token Information
IRISnet Token is IRIS, which is a utility token.

(1) Token symbol: IRIS

(2) Initial supply: 2,000,000,000

(3) Token allocation:
On Genesis, the initial token supply will be 2,000,000,000 IRIS tokens. The distribution of IRIS tokens is planned to be as follows:
Private Sale: 25%
Bianjie Developer Team: 15%
Tendermint Developer Team: 10%
IRIS Foundation: 15%
Eco Development: 30%
Cosmos ATOM Holder Airdrop: 5%

(4) Token release schedule
Private Sale: 25% (will be used, first and foremost, for the development of the IRIS network)
Bianjie Developer Team: 15% (4-year vesting period starting from IRIS Hub launch, during which the team will vest 1/48th of its IRIS tokens each month)
Tendermint Developer Team: 10% (2-year vesting period starting from IRIS Hub launch, during which the team will vest 1/24th of its IRIS tokens each month)
IRIS Foundation: 15% (reserved to support the operations of the Foundation)
Eco Development: 30% (swap with zones connecting to IRIS Hub; grant to potential users; awards to outstanding partners)
Cosmos ATOM Holder Airdrop: 5% (to support the long term success of both Cosmos and IRIS hubs)

(5) Additional issuance
If and when the IRIS network is fully deployed, the annual inflation rate of IRIS tokens will be adjusted to account for the fact that a substantial portion of IRIS tokens in circulation may be voluntarily staked by participants to participate in the consensus engine.

3.Deposit IRIS at: https://www.gate.io/myaccount/deposit/IRIS

4.Trade IRIS at https://www.gate.io/trade/IRIS_USDT


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Gate.io
Aug. 13, 2020


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