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Gate.io Startup:DeRace(DERC)Initial Sale Result & Listing Schedule

2021-08-03 03:50:29Read:38277

1 DeRace(DERC)Token Sale Result


The Gate.io Startup DeRace(DERC)sale result is as follows:

DAO Startup Locked Amount: 865,640 DAO
Total value of orders (in USDT): 2,032,181 USDT
Total value of qualified orders (in USDT): 2,013,024 USDT
Number of orders:1,942
Number of Qualified orders: 1,898
Percentage of qualified orders: 97.73429454171 %
Percentage of succeeded purchases: 99.057314768998 %
Number of participants: 1,942
Number of qualified participants: 1,898

Average qualified order value per user (in USDT): 1060.6028049526 USDT
Average distribution value per user (in USDT): 21.074815595364 USDT
Average distributed DERC per user: 421.49631190727DERC

F (distribution ratio) = 0.023104292777598

Per the previous announcement, all qualified orders will obtain the token on sale equally. To guarantee transparency and fairness, all original records are stored for possible third-party auditing.

Attention: Most unqualified orders occurred due to insufficient balance in the user account. Please ensure there is sufficient balance (exceeding the purchasing value) for the order by UTC 04:00 A.M. The insufficient balance will result in the cancellation of the purchase order.

According to the official rules, 20% at the TGE, then 20% on a quarterly basis

2 DERC Listing

Participants will receive a proportional amount of DERC tokens to their share of DAO tokens locked up on Gate.io according to the token release schedule at the TGE (We will commence DERC trading at Aug 3rd, PM 12:00 UTC. The withdrawal service will be available afterwards.).

3 Gate.io Startup Initial Offer

Gate.io Startup has become increasingly more popular among users, with an excellent performance since its launch. In 2020, Gate.io Startup Initial Offer has upgraded to version 2.0. We are providing more flexible and diversified services to attract more promising projects. At the same time, we are aiming at providing more protections to our users.
If you are a project team and want to commence your initial token sale here, submit a request below.
Apply at: https://www.gate.io/listrequest

If you project has had initial token sale and wants to be listed at Gate.io, you may also apply to participate in our voting for listing activities. If you are our user and have a good project to recommend, please fill the application form and let us know. Let’s work together to boost the development of Gate.io and create more benefits to our users.


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
Aug 3rd, 2021


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