Gate.io Startup Initial Free Offering: XP Network (XPNET) and Announcement of Free Distribution Rules (2,500,000 XPNET free of charge)-Announcements-Gate.io

Gate.io 09-13 03:23 相关类型 币种上线
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, XP
Network, on September 15th,
2021 at 02:00 AM(UTC).





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



Introduction
to
XP
Network



XP.network
is the first blockchain-agnostic NFT eco. It enables multichain
support out of the box for any minted NFT, dApp or use case, allowing
NFTs and funds to flow freely between networks and wallets.







(The
information below is provided by the XP
Network team.
Please follow website for more information)





Token
Information



Token
name: XP
NETWORK



Token
symbol: XPNET



Max
Supply: 1,000,000,000
XPNET



Token
Type: BEP-20



Token
Contract: 0x8cf8238abf7b933Bf8BB5Ea2C7E4Be101c11de2A





Token
distribution and unlocking rules:



*Seed
10.25%



2
months lockup (after TGE), 12 months linear vesting



*Strategic
10.10%



1
month lockup (after TGE), 12 months linear vesting



*Private
20.65%



14
days lockup (after TGE), 9 months linear vesting



*Public
5.0%



unlocked



*Team
15.0%



6
months lockup (after TGE), 36 months linear vesting



*Advisors
2.0%



9
months lockup (after TGE), 12 months linear vesting



*Reserve
7.0%



24
months lockup, 24 months linear vesting



*Liquidity
(Market Maker) 5.0%



unlocked



*Staking
rewards 10.0%



12
months linear vesting



*Eco
15.0%



36
months linear vesting



Website: https://xp.network



Whitepaper:https://xp.network/whitepaper



Token
Information:https://bscscan.com/address/0x8cf8238abf7b933bf8bb5ea2c7e4be101c11de2a







XP
Network
Startup
Sale Rules



(1)
Duration: September
13th, 2021 08:00AM-September 14th, 2021 08:00AM(UTC).(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:
$0/XPNET; Price: 0.02$; Startup Supply: 2,500,000 XPNET



(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) Unlocking
Rule: unlocked



(5)
Users place orders using USDT.



(6)
Users can place orders from September
13th, 2021 08:00AM-September 14th, 2021 08:00AM(UTC).
Orders placed by qualified users within these 24 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 be purchased once with each KYC
account.



(9) After September
14th, 2021 08:00 AM(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.



(10)
Trading starts time: 02:00 AM(UTC), 15th September, 2021







Gate.io
Labs Investment Participating Disclosure



Gate.io
Labs invested in XP
Network





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 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 uate 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 XPNET,
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: 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





Gate.io is a Cryptocurrency Trading Platform Since 2013



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Download iOS/Android App right now.





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Medium:https://medium.com/@gateio





Gate.io Team



Sep 13, 2021





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