Announcements GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Azuro(AZUR) and Announcement of Free Distribution Rules(533,333 AZUR free of charge)

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Azuro(AZUR) and Announcement of Free Distribution Rules(533,333 AZUR free of charge)

2024-06-17 15:41:17 UTC 20259 Read

AZUR/USDT -0.79%

[//]:content-type-MARKDOWN-DONOT-DELETE
This Azuro(AZUR) will only be available for GT subscriptions. Please be aware that the participation users’ funds will not be deducted at the end of this Azuro(AZUR) Subscription.

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1619" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Click to Subscribe</span></strong></div></a></div>

**Introduction to Azuro(AZUR) :**
Azuro is the tooling, oracle & liquidity solution for any chain to support powerful prediction app ecosystems.
The project is hitting PMF with 20+ live applications, $370M+ volume, 4,500+ LPs. The growth is accelerating quickly with $400k avg monthly revenue in the last 6 months.
Azuro is #1 revenue-generating protocol on Polygon, along with household names like Curve & AAVE

(The information below is provided by the Azuro(AZUR) team. Please follow Azuro(AZUR) for more information）

**Token Information**
Token Name: Azuro
Token Symbol: AZUR
Max Supply：1,000,000,000 AZUR
Token Type: ERC-20
Smart Contract Address: https://etherscan.io/token/0x9E6be44cC1236eEf7e1f197418592D363BedCd5A
Token distribution ratio and unlocking rules:
Ecosystem & Community Incentives:
37.5% of AZUR is allocated to developing the Azuro ecosystem.
92M AZUR (9.2% of the total supply) will be unlocked at the TGE. The rest of the allocation includes the 3% Azuro Score airdrop vesting linearly over 6 months, while 25.3% has a 6-month lockup, after which it unlocks linearly over next 42 months. It will be used for the upcoming Azuro Waves incentive program, DEX liquidity provision incentives, as well as an Ecosystem fund, infrastructure initiatives, and more.
DAO Treasury:
60M (6% of the total supply) of AZUR is available at TGE and will be used to support AZUR liquidity both on- and off-chain.
The remaining 75M AZUR (7.5% of total supply) are locked for 6 months followed by 30 month linear vesting. It will be used for initiatives that help advance an open predictions & betting industry that is portable, composable, more fair and more fun, onchain.
Investors:
The investor allocation represents tokens obtained by value-add investors backing Azuro protocol’s development. Investors are locked for 6 to 9 months, followed by 24 to 30 month linear block-by-block vesting. No investor tokens are unlocked at TGE.
Core Contributors:
This portion of the AZUR allocation represents the distribution to the core development team, advisors and partners who have worked on the protocol. All core contributors are locked for 1 year, followed by 30 months linear, block-by-block vesting. No core contributor tokens are unlocked at TGE.

Website: https://azuro.org
Whitepaper: https://gem.azuro.org/concepts/overview

**Azuro(AZUR) Startup Subscription Rules：**
(1) Duration: 08:00 AM June 18th, 2024 - 08:00 AM June 19th, 2024 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally)
(2) Trading Starts Time：12:00 PM June 19th, 2024 (UTC)
The Trading Pair: AZUR/USDT
(3) Subscription Token: GT.
(4) Subscription Price: $0 GT
(5) Subscription Total: 5,000 GT
(6) Startup Total Supply: 533,333 AZUR
(7) Unlock rule: 100% Unlock
(8) Participation Requirement:
1.Users participating in the GT Holder-Exclusive Airdrop will no longer be required to have an average GT holding of not less than 10 GT in the past 14 days. Holding 10 GT when participating will be eligible.
2.Your asset balance will be detected during token distribution. Please ensure your asset balance of not less than 10 GT, otherwise, it may result in subscription failure.
3.The available shares of each project vary for different projects. Please refer to the project announcement or the available shares when participating.
Participate in Startup now: https://www.gate.io/startup
(9) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
Please Note: Multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**How to Participate**
Log in to your Gate.io account → Navigate to the [Startup page ](https://www.gate.io/startup "Startup page ")→ Ensure your GT holding is no less than 10 GT → Participate in the subscription.

**Notes:**
1.Other rules remain unchanged, please refer to: https://www.gate.io/article/36145
2.New rules take effect from 00:00AM April 25th, 2024 (UTC+0). The Web version has been updated and please update your App to the latest version (6.2.0).
3.GateToken (GT) is the unique exchange token of Gate.io exchange and the native token to Gatechain public chain. Hold GT and claim exclusive free airdrops now: https://www.gate.io/trade/GT_USDT
4.Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
5.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
6.Gate.io reserves all rights to the final explanation.
7.This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the [User Agreement](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

**Gate.io Labs Investment Disclosure**
Gate.io Labs did not invest in Azuro(AZUR) .

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(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 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.

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Gate.io Team
June 17th, 2024

GT Holder-Exclusive Airdrop: Gate.io Startup Initial Free Offering: Azuro(AZUR) and Announcement of Free Distribution Rules(533,333 AZUR free of charge)

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