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Gate.io Launches Premier Single Listing Vote #1 – AXIS DeFi (AXIS)

2020-08-18 11:51:47Read:47427

Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with a variety of blockchain assets trading services. To involve a higher number of users in the process of expanding our list of coins, Gate.io has implemented a brand new feature called "Premiere Single Listing Vote," where previously unlisted projects are potentially launched for the first time; offering our users extraordinary trading opportunities.

1. Duration: 06:00 AM GMT August 18th, 2020 – 04:00 AM GMT August 19th, 2020

2. Airdrop Amount:
Once AXIS DeFi gets 10 million votes, the trading service of AXIS will be available on Gate.io. Each voter has a chance to share an airdrop of 66,666.6667 AXIS after paying a certain amount of USDT.

3.Participate in the Listing Vote at: https://www.gate.io/poll/votelist/36

Introduction to AXIS DeFi


1. Project Introduction
AXIS DeFi aims to be the Future of Open Finance. Axis is the first dedicated DeFi blockchain with complete Wall Street trading capabilities. While there has been strong growth and interest in DeFi, the market has over 99% ETH dominance. Public chains like ETH have severe limitations for being able to support sustainable and strong DeFi.
Three things will make Axis DeFi completely different than what is on the market with public chain focused infrastructure, such as dedicated DeFi tech stack, on-chain risk control & margin trading
and new DeFi financial model.
Official website: https://axisdefi.com/
Link to Whitepaper: https://axisdefi.com/wp-content/uploads/2020/08/AXIS-Whitepaper_Aug13.pdf

2. Token Information

(1) Token symbol: AXIS

(2) Total supply: 24,000,000

(3) Current Circ. Supply: 1,920,000 (8% of the total supply)

(4) Token allocation:
Token Sales &Listing: 10%
Team and Key Contributor: 15%
Community Building, Influencers & Advisors: 15%
Yield Farming & Collateralization: 60%

(5) Token release schedule
Token Sales &Listing: 6-month vesting for token sale
Team and Key Contributor: 24-month vesting
Community Building, Influencers & Advisors: 36-month vesting
Yield Farming & Collateralization: releases 30% of the farming pool in the first year; 15% in the second year; 7.5% in the third year; halved each year.

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

*Please note that this vote is not applicable to American and Canadian users.

Single Listing Vote Scheme (with GT buyback and burn included)


1.Participants: all the GT holders on Gate.io 1 GT=1 vote

2.Vote allocation: For every participant, their vote equals the average 14-day GT holding including assets in Lending/Borrowing Market, and the GT bought with USDT borrowed from Margin Trading, however, GT borrowed from Margin Trading is not allowed. The user’s votes will be calculated based on the average 14-day GT holding within two hours after the listing vote. Thus, please don’t make any changes to your GT holding before the counting of the votes.
For example, Bob is a new GT holder, and he buys and holds 14000GT one day before the sale. Therefore, his average 14-day GT holding will be 1000GT 14000GT/14 days, and he will have 1000 votes.

3. Every real-name participant can vote with his GT for the project.

4. When the vote begins, the voting prices of both project will be presented on the voting page; once the voter confirms his vote, he has to pay based on the airdrop amount he wins, and the money will be automatically deducted within two hours after the vote. Voters should make sure the USDT balance is sufficient on their account, or they might fail to claim their airdrop benefit.

5. In each listing vote, when the project gets 10 million votes, the tokens will be listed.

6. After the listing vote, all voters will be rewarded with an airdrop of the tokens. Meanwhile, the time for trading, withdrawal, and deposit of the tokens will be released.

7. Airdrop reward and voting cost:
1) Airdrop token: The tokens of both projects would be airdropped after the vote.
For example, project A is participating the single listing campaign. User X supports project A and votes for it. After the vote, User X is eligible to win an airdrop of the tokens of the project A, and user X has to pay a bit of USDT for the airdrop benefit.

2) Airdrop reward: After this listing vote, the tokens of the project will be airdropped. All voters will win the token of theproject. The airdrop of the tokens will be ratioed according to how many votes of the voter account for the votes in total. The airdrop amount each voter can obtain for the project is calculated as follows:
Votes casted by the voter for the project÷total votes received by the project×airdrop amount of the project

3) Amount deduction: After each vote, Gate.io will calculate the airdrop amount each voter wins for each project, and automatically make a deduction (in USDT) based on the following formula:
Airdrop amount each voter wins for the project×vote price of the project token

8.Attention:
(1) Cheating: Gate.io will cancel the votes of an account if any cheating is detected or reported by other users and confirmed. The account will no longer be qualified for the listing vote if more than three cheating records have been registered.

Gate.io reserves the final right to interpret this activity.

Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with 100% guaranteed and instant deposit-withdrawal services.
Get 30% of all referees' trading fees in the affiliate program at https://www.gate.io/myaccount/myreferrals

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Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
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Gate.io
Aug. 18, 2020

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