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    Gate.io Startup Free Offering: DeFiChain(DFI) and Announcement of Free Distribution Rules( 125,000 DFI free of charge)

    2022-09-22 01:02:17 UTCRead:13071
    About Gate.io Startup Free Airdrop Program In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.

    This DeFiChain(DFI) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.

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

    Introduction to DeFiChain(DFI)
    DeFiChain's mission is to bring decentralized financial services to the masses in a fast, secure, and transparent manner. Built as a hard fork of the Bitcoin network, the DeFiChain blockchain is supported by a globally distributed network of nodes.
    DeFiChain is an innovative blockchain project that delivers on the promises of scalability, security, and decentralization. The project launched in the fall of 2019 with the aim to offer financial services that commercial banks typically provide – with the added benefits of a decentralized blockchain. This provides a number of advantages: censorship-resistance, no geographical restrictions, and the right for any individual to participate in the network activities.
    DeFiChain is a hard fork of Bitcoin and tied to the Bitcoin blockchain using a Merkle root every few blocks. DeFiChain transactions are non-Turing complete – with low gas fees and a reduced risk of smart contract errors.

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

    Token Information
    Token Name: DeFiChain
    Token Symbol: DFI
    Max Supply:1,200,000,000
    Token Type: ERC-20 / DeFi Standard Token (DST)
    Contract: 0x8fc8f8269ebca376d046ce292dc7eac40c8d358a
    Token distribution ratio and unlocking rules:
    Other addresses 6.6%
    Normal Masternodes 15%
    Liquidity Pool 10%
    Vaults Collateral 2%
    DFI Token 5%
    ERC20 Collateral 0.69%
    Locked Masternodes 6.6%
    Community Fund 2.27%
    Circulating supply 48.9%
    Burned DFI 26%

    Website: http://www.defichain.com
    WhitePaper : https://defichain.com/white-paper/

    DeFiChain(DFI) Startup Sale Rules
    (1) Duration: 07:00AM 25th Sep, 2022 - 07:00am 26th Sep, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
    (2) Trading Starts Time: 10:00AM 26th Sep, 2022 (UTC)
    Trading Pairs: DFI/USDT
    (3) Price: 0 USDT
    (4)Startup Supply : 125,000 DFI
    (5) Users purchase using USDT.
    (6) Unlock rule: 100% unlock.
    (7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share;
    The higher the VIP tier, the more shares.
    For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
    Each user can only purchase once with KYC account
    (8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
    the maximum number of contributions (not the final actual contribution 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
    (9) 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.
    (10) 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. The final result will be announced before trading starts.

    Gate.io Labs Private Sale Participating Disclosure
    Gate.io Labs hasn't participated in the DeFiChain(DFI) investment.

    (1) Countries not supported: the United States, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, Bolivia.
    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 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
    Sep 22nd, 2022

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