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Gate.io Announcement Regarding The Release of KSM Token and Rewards Solutions for Moonriver Slot Auction Users
Gate.io Announcement Regarding The Release of KSM Token and Rewards Solutions for Moonriver Slot Auction Users
2021-07-13 03:54:39 UTC
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Moonriver has a limited number of countries and regions that can participate in it’s slot auction. KSM tokens that were part of the KSM slot auction in Issue 605 of Hodl & Earn are not included in the KSM slot crowdfunding lockup.
Therefore, Gate.io will release the KSM tokens invested in Issue 605 of Hodl & Earn for participants to hold in advance. Moonriver has agreed to provide a one-time MOVR reward for the participating users of Issue 605 Hodl & Earn, which will be released in August (the exact time is subject to the official time of the project), and Gate.io will distribute the MOVR reward for these users accordingly.
For users who would like to continue participating in the KSM slot lockup, the released KSM tokens can be used to participate in other ongoing KSM slot auctions under the Finance tab on Gate.io's web platform (https://www.gate.io/hodl), or through HODL & Earn in the Finance tab of the Official Gate.io Mobile App.
Therefore, Gate.io will release the KSM tokens invested in Issue 605 of Hodl & Earn for participants to hold in advance. Moonriver has agreed to provide a one-time MOVR reward for the participating users of Issue 605 Hodl & Earn, which will be released in August (the exact time is subject to the official time of the project), and Gate.io will distribute the MOVR reward for these users accordingly.
For users who would like to continue participating in the KSM slot lockup, the released KSM tokens can be used to participate in other ongoing KSM slot auctions under the Finance tab on Gate.io's web platform (https://www.gate.io/hodl), or through HODL & Earn in the Finance tab of the Official Gate.io Mobile App.
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Gate.io Team
July 13, 2021
