Gate.io Startup Free Offering: PolyDoge(POLYDOGE) and Announcement of Free Distribution Rules (1,951,574,920,962 POLYDOGE 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." Free
airdrops for excellent blockchain projects are launched in the Startup area
from time to time. VIP and GT users can get a variety of tokens via airdrop
benefits.
Gate.io Startup will launch its next
project, PolyDoge(POLYDOGE) , on November 10th, 2021 at 08:00 AM(UTC).
Startup Link: https://www.gate.io/en/startup
Introduction to PolyDoge(POLYDOGE)
PolyDoge is
the biggest community token on the Polygon Network. It is community based on a
DAO, meaning it’s fully decentralized. PolyDoge is also a pioneer in the
metaverse as it hosted one of the biggest metaverse events PolyCon 2021.
PolyDoge is also an NFT project which managed to sell out in just a few hours
the PolyDoge cards. PolyDoge is also a big player in the eSports world as it is
partnered with the biggest team in Last Vegas : LVI (Last Vegas Inferno).
(The information below is provided by the PolyDoge team.
Please follow website for more information)
Token Information
Token name: PolyDoge
Token symbol: POLYDOGE
Max Supply: 1,000,000,000,000,000
POLYDOGE
Token Type: Polygon-erc20
Token Contract: 0x8a953cfe442c5e8855cc6c61b1293fa648bae472
Token Distribution and Unlocking
Rules:
Burn : 14.4943%
Team : 0.1558%
Community: 85.3499%
Website: https://www.polydoge.com/
Whitepaper: N/A
Token Information: https://polygonscan.com/token/0x8a953cfe442c5e8855cc6c61b1293fa648bae472
PolyDoge Startup Sale Rules
(1)
Duration: 08:00 AM on Nov 10th-08:00 AM on Nov 11th (UTC), 2021
(Orders placed by qualified users within these 24 hours will be treated
equally.)
(2) To
participate in the Startup Sale, users will need to be VIP1 and above.
(3)
Price: $0; Market Price (Reference): $0.000000076861;
Startup
Supply: 1,951,574,920,962 POLYDOGE
(4) 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 subscription 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) Unlocking Rule: Unlock
(6) Users
place orders using USDT.
(7) Users
can place orders from 08:00 AM on Nov 10th-08:00 AM on Nov
11th (UTC), 2021. Orders placed by qualified users within these 24 hours
will be treated equally.
(8) 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.
(9) Each
type of currency can only be purchased once with each KYC account.
(10) After
08:00 AM on Nov 11th (UTC), 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.
(11)
Trading starts time: 10:00 AM on Nov 11th (UTC), 2021
Gate.io Labs Investment Participating Disclosure
Gate.io Labs doesn't invest in PolyDoge
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 that your participation in the
token sale on Startup complies with local laws and regulations.
(2) Risk
Warning:
- The
project team does not guarantee that the 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.
Gate will open an Automated Market Maker (AMM ) for POLYDOGE,
and launch an AMM "liquidity-mining" rewards. Users who provide
market liquidity by inserting liquidity in will get rewards from the liquidity
pool transaction fee and GT token rewards from the liquidity reward pool. High
annual rate rewards with security.
AMM Trading Market and AMM Liquidity Mining
Gate.io has launched a new version
of the liquidity pool (centralized automated market maker (AMM) transaction
service) on August 1st, 2021 by 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.
The rules for markets to upgrade to
the Automated Market Maker (AMM) model are as follows:
1) Fixed 0.3% commission fee for
both Taker and Maker (temporarily consistent with Uniswap, subject to the needs
of both market parties)
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 the bonus and withdraw at any time
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Gate.io Team
Nov 9th, 2021