Gate.io Startup Free Offering: WARENA(RENA) and Announcement of Free Distribution Rules( 25,000 RENA 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.
This
WARENA(RENA) Startup subion is a free subion, and will not deduct
the users' participation funds in the end of event.
Startup Link: https://www.gateio.pro/startup
Introduction to WARENA(RENA)
Warena gives you everything you want from an NFT game. It’s
a play-to-earn metaverse that allows you to personalize your in-game characters
and interact with characters from other universes like Cat Gunner and Axie
Infinity in Warena combat games. Warena features thrilling action-survival
gameplay where human and zombie teams face off against each other in a zombie
apocalypse scenario. Players can choose to inhabit different lands, trade warriors
& NFTs, battle against each other, and play in tournaments.
The Warena NFT game will be released in two phases. Phase 1
will take place in Q3 of 2021 and will see the launch of the 2D tower defense
game. It’s a survival, player-vs-environment game that will require players to
defend against the oncoming army of zombies. Phase 2 is set to launch in Q2
2022 and will unlock the full force of the Warena metaverse with
player-versus-player features.
(The information below is
provided by the WARENA(RENA) team. Please follow WARENA(RENA) for more information)
Token Information
Token name: WARENA
Token symbol: RENA
Max Supply:100,000,000
Token Type: BEP-20
Contract: 0xa9D75Cc3405F0450955050C520843f99Aff8749D
Token distribution ratio and
unlocking rules:
Private :
9.09% 20% at TGE 15 months vesting, starting on 180th date after
Public: 2.42%
35% each on 90th date and 180th date after TGE
Team: 16% 20
months vesting, starting in 1 year after TGE
Advisor 5.5%
36 months vesting , starting on 90th date after TGE
Treasury
29.98% 36months vesting, starting on 90th date after TGE
DEX liquidity
10% 20% at TGE 12 months unlocking , starting on 30th date after TGE
Rewards To
Community: 27% 2%monthly unlocking ,starting 30 days
after TGE
Website:https://www.warena.io/
WhitePaper :https://bit.ly/31n4OZL
WARENA
Startup Sale Rules
(1) Duration: 2:00AM 16th November , 2021 -02:00 AM 17th November,
2021 (UTC)(Orders placed by qualified users within these 24 hours will be
treated equally.)
(2) Trading starts time: 04:00 17th November, 2021 (UTC)
Trading pairs: RENA/USDT
(3) Price: 0 USDT(Secondary Marketing Price: $2.4)
(4)Startup Supply : 25,000
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To 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 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
(9) 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.
(10) 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 before trading starts.
Gate.io Labs Private Sale
Participating Disclosure
Gate.io Labs
has not participated in the WARENA(RENA) investment.
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 will open
an Automated Market Maker (AMM ) for RENA, 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
secure.
AMM Trading Market and AMM Liquidity
Mining
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.
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 bonus and withdraw at any
time
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Gate.io Team
Nov 9th, 2021