Gate.io Startup Free Offering: DAOLaunch (DAL) and Announcement of Free Distribution Rules( 40,000 DAL free of charge)
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.
(DAL) Startup subscription is a free subscription, and will not deduct the
users' participation funds in the end of event.
Startup Link: https://www.gateio.pro/startup
DAOLaunch is to create an open
and inclusive competitive environment for startup investment- the Decentralized
Venture Capital concept.
DAOLaunch offers retail investors
preferential investment conditions depending on their investment performance
recorded on the blockchain. Recorded investments are not editable, as all
negotiations are all on-chain. DAOLaunch investors can brand themselves as
Decentralized Venture Capitalists and much like traditional VCs, they can
negotiate more favorable investment terms.
aims to change the structure of shady behind-closed-door investment deals to an
open and more competitive deal structure that takes place on the blockchain.
This will drastically shake up the startup industry.
(The information below is
provided by the DAOLaunch (DAL) team. Please follow DAOLaunch (DAL) for more information）
Token name: DAOLaunch
Token distribution ratio and
Sale: 10.7% Gate.io 100% TGE. Trustpad/BSCStation: 25% at TGE,25% unlock
Strategic Patnership： 15% Unlock 10.0% on TGE, 2month cliff then vesting for 10 month
Presale 3rd 16.5% Unlock 12.5% on
TGE, 2months cliff , Vesting for 7 months
Presale 2nd 21% Unlock 11.1% on TGE,2 months cliff ,
vesting for 7 months
Presale 1st 16.5% Unlock 8.33% on TGE, 2 month cliff then
vesting for 10 month
Seed Round: 20.3% Unlock 6.66% on TGE, 2 month cliff then
vesting for 13month
DAOLaunch Startup Sale Rules
Duration:11:00 AM 18th Nov 2021 -11:00 AM 19th
Nov, 2021 (UTC)(Orders placed by qualified
users within these 24 hours will be
starts time: 1:00PM 19th Nov, 2021 (UTC)
0 USDT( Public Sale Price: $1 )
Supply : 40,000 DAL
(5) Users purchase using USDT.
rule: 100% unlock.
participate in Startup Sale, users will need to be VIP1 and above,can only
purchase once with each KYC account.
(8) 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 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
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
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 DAOLaunch investment.
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:
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
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.
technical and financial knowledge is required to understand, and e valuate the
inherent risks of crypto-asset investment.
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
participant should register on Gate.io and Log in;
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 DAL, 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
AMM Trading Market and AMM Liquidity
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.
rules for markets to upgrade to the Automated Market Maker (AMM) model are as
1) Fixed 0.3% commission fee for both Taker and Maker
(temporarily consistent with Uniswap, subject to the needs of both market
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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Nov 25th, 2021