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Gate.io Startup Free Offering: Constellation (DAGX) and Announcement of Free Distribution Rules( 944,216 DAGX free of charge)-공지-Gate.io

Gate.io

Related type: Others

2022-03-23 14:24

  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 Constellation Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.

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

  Introduction to Constellation

  Constellation Network leads Web3 with a blockchain infrastructure that positions businesses at the forefront of data and commerce in the stakeholder economy and helps individuals become datapreneurs. We‘ve hosted 70+ companies in our accelerator program and helped them build world-class applications, including Alkimi and Geojam. Our Hypergraph network 1.0 is validated by 120 full nodes that earn our DAGX cryptocurrency for maintaining the state of the network. We’re also distinguished by our two layers of consensus, L0 and L1, which achieves speed and scalability. Recently, we introduced the Dor Traffic Miner, a data-collection and analysis device that also earns crypto for the owner.

  team. Please follow Constellation for more information)

  Token Information

  Token name: Constellation

  Token symbol: DAGX

  Max Supply:3,693,588,685

  Token Type: Native token of the Hypergraph network

  Contract: N/A

  Token distribution ratio and unlocking rules:

  Founders: 7.2%, 5% at 6-month cliff, 20% at 12-month cliff, prorated monthly, 4 years vesting from 1st June 2018

  Partners & Advisors: 13.43%, vesting from 1st June 2018 up to 3 years

  Foundation Tokens: 19.12%, vesting in 8 years, 6-month cliff, prorated monthly, from 1st June 2018

  Community Tokens: 2%, No lockup

  Validator Rewards: 40%, Mining rewards over 10 years

  Private Sale: 18.25%, discounted tokens locked for 6-months, from 1st June 2018

  Website: https://constellationnetwork.io/

  Whitepaper:https://github.com/Constellation-Labs/whitepaper-business/blob/master/Constellation%20Labs%20-%20Business%20Whitepaper%20v1.0.pdf

  Constellation Startup Sale Rules

  Duration: 07:00 AM March 23rd, 2022 - 07:00 AM March 24th, 2022

  Trading starts time: 10:00 AM March 24th, 2022

  Trading pairs: DAGX/USDT, DAGX/ETH, DAGX/BTC

  Price: 0 USDT

  Startup Supply: 944,216 DAGX

  Users purchase using USDT.

  Unlock rule: 100% unlock.

  To participate in Startup Sale, users will need to be VIP1 and above, can only purchase once with each KYC account.

  Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:

  the maximum number of contributions = 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

  Users need to ensure that there is sufficient balance 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.

  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 Constellation investment.

  Attention

  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.

  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.

  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 for DAGX, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from liquidity pool transaction fees and GT token rewards from 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 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 model are as follows:

  1) Fixed 0.3% commission fee for both Taker and Maker

  2) A fixed percentage 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 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 bonuses and withdraw at any time

  Gate.io is a Cryptocurrency Trading Platform Since 2013

  Top ranking, Trustworthy, Transparent

  Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now.

  Follow us on social

  Twitter: https://twitter.com/gate_io

  Telegram: https://t.me/gate_io

  Instagram:https://www.instagram.com/gateioglobal

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

  Podcast: https://gateio.buzzsprout.com/?ch=buzzs

  Gate.io Team

  March 23rd, 2022