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    Gate.io Compensation For Smothy (SMTY) Startup Sale Participants

    2021-04-29 05:38:21 UTCRead:65963
    According to our data statistics, the hourly opening price of Smothy (SMTY ) on Gate.io has been lower than the startup sale price for a consecutive 12 hours. Gate.io decides to compensate the startup sale participants for their loss.
    Compensation Scheme:
    For Startup participants who hold or sold at lower prices than the startup sale price (losses incurred in secondary marketing trading are not included), Gate.io will be offering compensations. The details are as follow:
    1) For users who hold the SMTY tokens (excluding the amount purchased from the secondary market), the amount of USDT compensation will be calculated based on the price difference between startup sale price and the average price of 48 hours before the application deadline.
    2) For users who have sold the tokens at lower prices (losses incurred in secondary marketing trading are not included) by 5: 59: 59 UTC on April 29, 2021, the difference between received funds and the startup sale payment in USDT will be compensated.
    To apply for compensations, please submit the ticket below:
    3) The deadline for applying for compensations: May 10, 2021, at 15: 59: 59 UTC

    Please be aware of market risks and make your investment cautiously. Thank you for your understanding and support!

    Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.

    Gate.io Team
    April 29, 2021

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