Gate.io Announcement on the First Distribution of Rewards for the Winning Bidders in the KSM Slot Auction Projects for Kintsugi-공지-Gate.io
Gate.io
tipo relacionado: Others
2021-12-30 18:29
Gate.io has distributed the first KSM rewards for the Winning Bidders in the KSM Slot Auction Projects for Kintsugi (KINT). Users who have successfully participated in the KSM Slot: Lock-up KSM & Earn KINT can check the reward distribution details at “My Wallets”– section “My Billing Details”.
Gate.io Kintsugi Rewards Distribution Rules:
1. Reward currency: KINT
2. On-chain lock-up/(unlock) date: 2021-10-13 (+336 days)
3. Reward distribution: Incentive rewards (1 KSM: 3.75 KINT) + Special Allocations rewards (79.94 KINT in total, distributed according to the proportion of the users’locked amount)
4. Reward releasing rules: 30% of the total rewards (incentive rewards included) will be released online as soon as the on-chain lock-up comes into effect. The remaining 70% will be released online spontaneously within 48 weeks of the on-chain lock-up date. The interest will be distributed to users once every 14 days after the first sum of interest distribution. So far, 30% of the interest has been released to users.
Refer to Kintsugi rewards distribution rules at:
https://docs.interlay.io/#/kintsugi/crowdloans?id=claiming-kint
Gate.io reserves the right to the final interpretation of the activity. If you have any questions, please turn to our online chat for support.
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Gate.io Team
December 30th