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 Karmaverse 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 Karmaverse

　　The Karmaverse is an SLG GameFi multiverse with various metaverses, such as Zombie, Old West, Cyberpunk, Fantasy World, etc. Each game metaverse contains 1 RPG and 1 SLG game and it is built around a unique theme, with a well-crafted art style, storyline, characters, music, and map system. It is developed by the team behind two of the top 10 SLG games in mobile gaming history. Karmaverse is about to launch its first large-scale blockchain SLG game, Karmaverse Zombie. Surviving humans have trained themselves to become fighters, banding together for survival in shelters and working to gradually eliminate the zombie threat.

　　team. Please follow

　　Karmaverse for more information）

　　Token Information

　　Token name: KNOT

　　Token symbol: KNOT

　　Max Supply：210,000,000

　　Token Type: Polygon

　　Contract: TBD

　　Token distribution ratio and unlocking rules:

　　Seed: 7.8%, 5% unlocked at TGE, 6-month cliff, monthly vested in 12 months

　　Private: 11.7%, 5% unlocked at TGE, 3-month cliff, monthly vested in 12 months

　　Public Sale:1.1%, 50% unlocked at TGE, 50% unlocked at TGE+30 days

　　Team: 10%, 12-month cliff, monthly vested in 12 months

　　Advisor: 3%, 5% unlocked at TGE, 2-month cliff, monthly vested in 18 months

　　Community: 3.8%, linearly vested in 36 months

　　Ecosystem Fund: 3.4%, 15% unlocked at TGE, monthly vested in 18 months

　　Liquidity: 5%, monthly vested in 9 months

　　Play-to-Earn: 29%, linearly vested in 60 months

　　Staking Rewards: 25.2%, linearly vested in 51 months

　　Website: https://karmaverse.io

　　Whitepaper: https://whitepaper.karmaverse.io/

　　Karmaverse Startup Sale Rules

　　Duration: 10:00 AM March 28th, 2022 - 10:00 AM March 29th, 2022

　　Trading starts time: 12:30 PM March 29th, 2022

　　Trading pairs: KNOT/USDT

　　Price: 0 USDT

　　Startup Supply: 300,000 KNOT

　　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 Karmaverse 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 KNOT, 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

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　　Gate.io Team

　　March 25th, 2022