Gate.io has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.

Gate.io Startup will launch its next project with Kaby Arena(KABY) on August 31st, 2021 at 14:00 PM(UTC).

Startup Link: https://www.gate.io/en/startup

Introduction to Kaby Arena
Kaby Arena is a Free-to-Play turn-based NFT game where everyone can start playing without the need of any investment. Kaby Arena also employs the Play-to-Earn model to reward players with tokens and equipment through dynamic gameplay and participation in PvP tournaments. With this seamless combination of the F2P and P2E models, Kaby Arena gives players the opportunity to play and profit at the same time.


(The information below is provided by the Raze Network team. Please follow website for more information）
Token Information
Token name: Kaby Arena
Token symbol: KABY
Max Supply: 1,000,000,000
Token Type: ERC-20
Token Contract:
Polygon-0x5198E7cC1640049dE37D1Bd10b03Fa5A3AFDA120
BSC-0x02A40C048eE2607B5f5606e445CFc3633Fb20b58

Token Distribution:
Seed Sale 2% 12% released at TGE. 3 months cliff then linear vesting over the next 15 months
Private Sale 16.5% 24% released at TGE. 3 months cliff then linear vesting over the next 15 months
Public Sale 5% 33% released at TGE, 3 months cliff then linear vesting over the next 6 months
Eco 26% 10% spread over the first month, then linear vesting
over the next 36 months
Foundation 14% Unlock over 60 months, 1.66% every month
Team & Advisor 21.5% 6 months fully locked, then unlock 5.5% over 18 months
Marketing & Listing 15% 19% at TGE then unlock over 24 months

Website：https://kabyarena.com/
Document：https://docs.kabyarena.com/whitepaper
Token Information：
https://polygonscan.com/address/0x5198E7cC1640049dE37D1Bd10b03Fa5A3AFDA120
https://bscscan.com/address/0x02a40c048ee2607b5f5606e445cfc3633fb20b58


Kaby Arena Startup Sale Rules
(1) Duration: 04:00 AM - 10:00 AM(UTC), August 30th 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: $0.007 Startup Supply: 5,714,286 KABY
(4) Purchase limit: The maximum subion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subion allocation is:
the maximum number of subions (not the final actual subion number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Users place orders using USDT.
(6) Users can place orders from 4:00 AM - 10:00 AM(UTC), August 30th 2021. Orders placed by qualified users within these 6 hours will be treated equally.
(7) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
(8) Each type of currency can only purchase once with each KYC account.
(9) After 10:00 AM(UTC), we will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total.
(10) Trading starts time: August 31st 14:00 PM(UTC)


Gate.io Labs Investment Participating Disclosure
Gate.io Labs invested in Kaby Arena


Attention
(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.

For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.

(2) Risk Warning:
- The project team does not guarantee that token price will not be lower than its startup sale price. Please invest with caution, and don't invest beyond your financial capacity.
- The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
- Advanced technical and financial knowledge is required to understand, and e valuate the inherent risks of crypto-asset investment.
- The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
- Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.

(3) Requirements for participants
- The participant should register on Gate.io and Log in;
- After logging in, complete user identity verification;
- Deposit a certain amount of cryptocurrencies in your gate.io account;
- Sign the Purchase Agreement on Startup before placing orders.

Gate will open an Automated Market Maker (AMM ) for KABY, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liqudity in will get rewards from liquidity pool transaction fee and GT token rewards from liquidity reward pool. High annual rate rewards with secure.

AMM Trading Market and AMM Liquidity Mining

Gate.io has launched a new version of the liquidity pool (centralized automatic market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate.io will continue to add different currencies, please pay close attention to follow-up announcements.

The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:

1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
2) A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.
3) Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.
4) Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.
5) Liquidity providers can take bonus and withdraw at any time

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Gate.io Team

Aug 28, 2021