Announcements Gate.io Startup Initial Offering: CropperFinance（CRP）

Gate.io Startup Initial Offering: CropperFinance（CRP）

2021-08-22 01:17:52 UTC 76932 Read

Gate.io has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.

Gate.io Startup will launch its next project with CropperFinance on August 23rd, 2021 at 4:00 AM(UTC).

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

Introduction to CropperFinance

CropperFinance's main attribute is yield farming. The mission is to make farming more accessible for all new projects within the Solana network. Yield farming has gained popularity in the last couple of months, and we believe that it will become even more sought after, with an even brighter outlook for the future where it should become an essential part of any project. On the CropperFinance platform, all Solana projects and their tokens will be able to create a liquidity pool. Once a liquidity pool is created, the project that created the pool will be able to launch its own farm where its token holders will be able to add liquidity.

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

Token Information

Token name: Cropper

Token symbol: CRP

Max Supply: 500,000,000 CRP

Token Type: SPL
Token Contract: DubwWZNWiNGMMeeQHPnMATNj77YZPZSAz2WVR5WjLJqz

Token Distribution:

Farming supply 29.50% Weekly emission reduction 0,5%

Others Community Eco 29.50% Unlocked (for future feature, such as dual yield)

Team 20.00% 6 months locked, then 2,1% each month

Treasury 10% Unlocked

Seed round 4.00% 6,25% at TGE then 9,38% each month

Private round 2.80% 6,25% at TGE then 9,38% each month

Liquidity 2.00% Unlocked

Advisor 1.00% 20% unlocked each 4 month

Airdrops 0.80% 12,5% distributed at TGE

Public WL sale 0.80% Unlocked

Website：https://cropper.finance

Document: https://cropper.finance/LitePaper_CropperFinance.pdf

CropperFinance Startup Sale Rules

(1) Duration: 4:00 AM - 12:00 PM(UTC), August 23rd 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)

(2) To participate in Startup Sale, users will need to be VIP1 and above.

(3) Price: $0.05 Startup Supply : 4,000,000 CRP

(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) Users place orders using USDT.

(6) Users can place orders from 4:00 AM - 12:00 PM(UTC), August 23rd 2021. Orders placed by qualified users within these 6 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 purchase once with each KYC account.

(9) After 12:00 PM(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. The final result will be announced one hour later at 13:00 PM(UTC), August 23rd, 2021.

(10) Trading starts time: August 23rd 2:00 PM(UTC)

Gate.io Labs Private Sale Non-Participating Disclosure

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 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 e valuate 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.

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