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Annonces Gate.io Startup Initial Free Offering: OptionPanda(OPA) and Announcement of Free Distribution Rules (1,666,667 OPA free of charge)
Gate.io Startup Initial Free Offering: OptionPanda(OPA) and Announcement of Free Distribution Rules (1,666,667 OPA free of charge)
2021-05-26 08:36:31 UTC 218872 Lire
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.

Gate.io Startup will launch its next project with OptionPanda on May 31st, 2021 at 4:00 AM(UTC).

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

Introduction to OptionPanda
OptionPanda is a decentralized, scalable, convenient, transparent, fair, community-driven platform built on Binance Smart Chain for professional cryptocurrency traders to underwrite and trade option products. Option buyers simply buy a call/put option on the platform, waiting for its settlement for prospective profit; option sellers simply deposit underlying asset to a pool to participate in a pooled option underwriting, collecting premiums paid by option buyers.


(The information below is provided by the OptionPanda team. Please follow website for more information)
Token Information
Token symbol: OPA
Max Supply: 500,000,000 OPA
Token Type: BEP-20
Token Contract: 0xA2F89a3be1bAda5Eb9D58D23EDc2E2FE0F82F4b0
Token distribution and unlock method:
Underwriting Mining: 30%
Trading Mining: 10%
Liquidity Provision Mining: 30%
Team: 10%
Growth Fund: 15%
Token Sale: up to 5%(unsold tokens will be reserved for future institutional OTC sale)

Website:https://opanda.io/
Token Information:https://docs.opanda.io/deployment-links


OptionPanda Startup Sale Rules
(1) Duration: 04:00AM (UTC), May 31th, 2021 - 10:00 AM(UTC), May 31st, 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 USDT. Startup Supply : 1,666,667 OPA
(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 04:00AM(UTC), May 31th, 2021 -10:00 AM(UTC), May 31st, 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), May 31th, 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 one hours later at 11:00 AM(UTC), May 31st, 2021.
(10) Trading starts time: May 31st 12:00 PM(UTC),2021.


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.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
May 26, 2021

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