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Announcements Gate.io Startup Free Offering: Origin Dollar Governance(OGV) and Announcement of Free Distribution Rules ( 2,500,000OGV free of charge)
Gate.io Startup Free Offering: Origin Dollar Governance(OGV) and Announcement of Free Distribution Rules ( 2,500,000OGV free of charge)
2022-07-12 06:33:48 UTC 29905 Read
About Gate.io Startup Free Airdrop Program
In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program". Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits.
Gate.io Startup will launch its next project, Origin Dollar Governance(OGV) , on July 12th 2022 at 08:00 AM (UTC).

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

Introduction to Origin Dollar Governance(OGV)
OGV is the governance and value accrual token for Origin Dollar (OUSD) which is the first stablecoin that earns a yield while it’s still in your wallet.

(The information below is provided by the team. Please follow the website for more information)

Token Information
Token name: Origin Dollar Governance
Token symbol: OGV
Max Supply: 5,000,000,000 OGV
Token Type: ERC-20
Token Contract:0x9c354503C38481a7A7a51629142963F98eCC12D0
Token Distribution and Unlocking Rules:
*PreLaunch Liquidity Mining Campaign: 1.25%
*DAO Reserve: 18.75%
*Future Contributors: 10%
*Future Liquidity Mining: 25%
*OUSD Holders: 10%
*Early Contributors: 10%
*Airdrop to OGN Holders:25%

Website:https://ousd.com/
Whitepaper:https://www.originprotocol.com/en/litepaper
Token Information: https://etherscan.io/token/0x9c354503C38481a7A7a51629142963F98eCC12D0

Origin Dollar Governance(OGV) Startup Sale Rules
(1) Duration: 08:00 AM on July 12th-10:00 AM on July 12th (UTC), 2022 (Orders placed by qualified users within these 2 hours will be treated equally.)
(2) To participate in the Startup Sale, users will need to be VIP0 and above.
(3) Price: $0; Startup Supply: 2,500,000OGV
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10.
For example:
VIP1 users can subscribe up to 1 * 1 * 10 = 10 shares
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 08:00 AM on July 12th-10:00 AM on July 12th (UTC), 2022. Orders placed by qualified users within these 2 hours will be treated equally.
(8) 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.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After 10:00 AM on July 12th(UTC), 2022, 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.
(11) Trading starts time: 12:00 PM(UTC) on July 12th, 2022

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in Origin Dollar Governance

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 the 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 evaluate 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.

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Gate.io Team
July 12th, 2022

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