IDO Events

Gate.io Startup Free Offering: Vader Protocol (VADER) and Announcement of Free Distribution Rules (1,985,900 VADER free of charge)

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, Vader Protocol (VADER), on December 28th, 2021 at 02:00 AM (UTC).
Startup Link: https://www.gate.io/en/startup

VADER is the variable counterpart to the stable asset USDV. By modulating supply, VADER’s demand increases as the demand for stable coins increases. Slip-based fees and ILP offered by VADER Protocol make it the best AMM for LPs – spurring demand for USDV. Owning over renting liquidity via Protocol-Owned Liquidity (“POL”) is especially useful for an AMM such as VADER in providing perpetual liquidity.

Token Information

Vader Protocol Startup Sale Rules

  • Duration: 02:00 AM on December 28th – 02:00 AM (UTC) on December 29th, 2021 (Orders placed by qualified users within these 24 hours will be treated equally).
  • To participate in the Startup Sale, users will need to be VIP1 and above.
  • Price: $0; Market Price(Reference): $0.054911; Startup Supply: 1,985,900 VADER
  • 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
  • Unlocking Rule: Unlock
  • Users place orders using USDT.
  • Users can place orders from 02:00 AM on December 28th – 02:00 AM (UTC) on December 29th, 2021. Orders placed by qualified users within these 24 hours will be treated equally.
  • Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until they announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
  • Each type of currency can only be purchased once with each KYC account.
  • After 02:00 AM(UTC), December 29th, they 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.
  • Trading starts time: 04:00 AM (UTC), December 29th, 2021.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Hazel

CoinCu News

Victor

Share
Published by
Victor
Tags: gate.iovader

Recent Posts

Best Cryptos to Buy in November 2024: What Sets Qubetics Apart from Fantom and Immutable X?

Discover why Qubetics, Fantom, and Immutable X are the best cryptos to buy in November…

44 minutes ago

Franklin Templeton Digital Assets and Sui Now Join Hands to Strengthen DeFi Strategy

Sui Foundation partners with Franklin Templeton Digital Assets to enhance DeFi solutions on the blockchain.

55 minutes ago

Get Insights on BlockDAG’s $136M Presale Success Revealed in Recent AMA—BTC Soars to $99K, Avalanche Trading Volume Surges

See how Bitcoin confronts $99K resistance, Avalanche enjoys a 23% rise, & BDAG achieves a…

59 minutes ago

Gate.io Launches USDE Financial Products with Annualized Returns of Up to 54%, Ushering in a High-Return Era for Stablecoin Investments

Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…

3 hours ago

Bitdeer Convertible Notes Worth $360 Million Offered for Expansion Efforts

The Bitdeer convertible notes offer a 42.5% conversion premium, allowing conversion into cash with the…

3 hours ago

This website uses cookies.