Gate.io Startup Free Offering: Seek Tiger (STI) and Announcement of Free Distribution Rules (69,866 STI 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, Seek Tiger (STI) , on April 12th 2022 at 02:00 AM (UTC).

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

Introduction to Seek Tiger (STI)
SeekTiger is a DAO ecological service platform based on WEB3. The ecological applications include TIGER DAO VC platform, chain game aggregation platform, NFT trading platform, DEX trading platform, all platforms are governed by DAO; our innovative blind box, digital tiger The combination of NFT and DAO presents you an interesting metaverse ecology of DAO+NFT+GAMEFI+DEFI.

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

Token Information
Token name: SEEKTIGER TOKEN
Token symbol: STI
Max Supply: 1,000,000,000 STI
Token Type: BEP-20
Token Contract: 0x4f5f7a7dca8ba0a7983381d23dfc5eaf4be9c79a
Token Distribution and Unlocking Rules:
*IDO: 5%
50 million, only 2 million tickets was sold, the unlocked position has been circulated, 10 million have been transferred to the ecological reward fund, and the remaining 38 million have been destroyed
*Institutions: 10%
100 million, actually used 60 million, raised 3 million U, and the remaining 40 million are ready to be destroyed. 10% will be released before going online, the remaining 90% will be released every two months, and the release will be completed in 18 months.
*DAO：15%
Allocated to users who hold the DAO Medal of Honor. For each medal, 10% will be released every month, and it will be released after 10 months.
*DEX: 20%
5% of the total usage each quarter is invested in liquidity users, 3.5 million has been used for LP pledge mining rewards in the first quarter, and the rest needs to be voted by DAO to decide whether to destroy it.
*MINING: 50%
Used for game mining pools and NFT staking mining rewards.

Website: https://www.seektiger.com
Whitepaper: https://seektiger.gitbook.io/seektiger/whitepaper
Token Information: https://bscscan.com/token/0x4f5f7a7dca8ba0a7983381d23dfc5eaf4be9c79a

Seek Tiger Startup Sale Rules
(1) Duration: 02:00 AM on April 12th-02:00 AM on April 13th(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): $1.65; Startup Supply: 69,866 STI
(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 12th-02:00 AM on April 13th(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 13th(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 13th, 2022

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in Seek Tiger

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 STI, 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
April 11th, 2022