Gate.io Referral Airdrop Program
There will be a referral airdrop event where a total of $10,000 USD worth of random tokens will be distributed as referral rewards. Each newly registered user who takes part in the referral campaign can win an MPH airdrop of around $10 USD. The referrer can also win an MPH airdrop of about $10 USD. The total amount of MPH to be distributed is 250,000 MPH. After the 250,000 MPH have been distributed entirely, we will continue the referral reward with other project tokens. Newly registered users can win the referral airdrop only after they have completed the KYC verification, make a deposit, and conduct a trade. Gate.io will rule out any form of cheating in order to guarantee the benefits of actual well-intended participants.
Single Listing Vote Scheme（with GT buyback and burn included_
1. Participants: all the GT holders on Gate.io 1 GT=1 vote
2. Vote allocation: For every participant, their vote equals the average 14-day GT holding including assets in Lending/Borrowing Market, and the GT bought with USDT borrowed from Margin Trading, however, GT borrowed from Margin Trading is not allowed. The user’s votes will be calculated based on the average 14-day GT holding within two hours after the listing vote. Thus, please don’t make any changes to your GT holding before the counting of the votes.
For example, Bob is a new GT holder, and he buys and holds 14000GT one day before the sale. Therefore, his average 14-day GT holding will be 1000GT 14000GT/14 days, and he will have 1000 votes.
3. Every real-name participant can vote with his GT for the project.
4. When the vote begins, the voting prices of both projects will be presented on the voting page_ once the voter confirms his vote, he has to pay based on the airdrop amount he wins, and the money will be automatically deducted within two hours after the vote. Voters should make sure the USDT balance is sufficient on their account, or they might not be able to claim their airdrop benefit.
5. In this listing vote, when the project gets 10 million votes, the tokens will be listed.
6. After the single listing vote, all voters will be rewarded with an airdrop of the tokens. Meanwhile, the time for trading, withdrawal, and deposit of the tokens will be announced.
7. Airdrop reward and voting cost:
1_ Airdrop token: The tokens of the project will be airdropped after the vote.
For example, project A is participating in the single listing campaign. User X supports project A and votes for it. After the vote, User X is eligible to win an airdrop of the tokens of the project A, and user X has to pay a bit of USDT for the airdrop benefit.
2.Airdrop reward: After this listing vote, the tokens of the project will be airdropped. All voters will win the token of the project. The airdrop of the tokens will be ratioed according to how many votes of the voter account for the total votes. The airdrop amount each voter can obtain for the project is calculated as follows:
Votes casted by the voter for the project÷total votes received by the project×airdrop amount of the project
3.Amount deduction: After each vote, Gate.io will calculate the airdrop amount each voter wins for each project, and automatically conduct a deduction _in USDT_ based on the following formula:
Airdrop amount each voter wins for the project×vote price of the project token
8. The GT buyback and burn would be applied to our Single Listing Vote campaigns from now on. Gate.io is adopting this approach as part of its efforts to facilitate the value of GT_ all USDT made from the deductions will be used to buy back and burn GT.
（1） Cheating: Gate.io will cancel the votes of an account if any cheating is detected or reported by other users and confirmed. The account will no longer be qualified for the listing vote if more than three cheating records have been registered.
Gate.io reserves the final right to interpret this activity.