Gate.io Startup Free Offering: Milo Inu(MILO) and Announcement of Free Distribution Rules (2,617,000,000,000 free of charge)

About Gate.io Startup Free Airdrop Program
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, Milo Inu(MILO) , on April 1st, 2022 at 02:00 AM (UTC).

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

Introduction to Milo Inu(MILO)
In a dog world, lived a dog called Milo which is an average dog that can be seen across the street, living in the lowest level of the dog community, Milo get treated unfairly by the others. Despite, being treated in such unfair manner, not only does Milo did not give up but strong sense of justice is born within it. While Milo is looking for a way to solve starvation, it too insist on carrying out the duty as a partner of justice. Which later Milo is adopted by another mysterious dog that saw the inner good within Milo. That mysterious dog taught Milo on the art of the self-defense which is meant to be used to protect others. And so, Milo started its journey to help the comrades that he parted way with back then.

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

Token Information
Token name: Milo Inu
Token symbol: MILO
Max Supply: 690 trillion
Token Type: BEP-20
Token Contract: 0xd9de2b1973e57dc9dba90c35d6cd940ae4a3cbe1
Token Distribution and Unlocking Rules:
1. Token Burn: 42% of Total Supply
2. PancakeSwap: 25% of Total Supply, Locked for 69 Years
3. Institution Investors: 5% of Total Supply and are not locked
4. Play to Earn: 10% of Total Supply, Locked for 6 months, fully unlock after 6 months
5. Development Team: 5% of Total Supply, Locked for 3 months, fully unlock after 3 months
6. Marketing: To be used for listing, consultation and marketing fee, takes up to 12% of total supply and are not locked
7. Airdrop: 1% of Total Supply, Only limited to BEP-20 Dogecoin holder, claim according to the amount of Dogecoin

Website: https://milotoken.io
Whitepaper:https://milotoken.io/static/MiloInu_en.pdf
Token Information: https://bscscan.com/token/0xd9de2b1973e57dc9dba90c35d6cd940ae4a3cbe1

Milo Inu Startup Sale Rules
(1) Duration: 02:00 AM on April 1st-02:00 AM on April 2nd(UTC), 2022 (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, users will need to be VIP1 and above.
(3) Price: $0; Market Price(Reference): $ 0.00000006;
Startup Supply: 2,617,000,000,000
(4) 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
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 02:00 AM on April 1st-02:00 AM on April 2nd(UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.
(8) 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.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After 02:00 AM on April 2nd(UTC), 2022, 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.
(11) Trading starts time: 06:00 AM(UTC) on April 2nd, 2022

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in Milo Inu

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 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.
(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.

Gate will open an Automated Market Maker (AMM ) for MILO, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liquidity in will get rewards from the liquidity pool transaction fee and GT token rewards from the 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 (centralized automatic market maker (AMM) 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 (AMM) model are as follows:
1) Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
2) A fixed percentage (such as 50%) 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 (LP) 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 31st, 2022