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, Stader Labs (SD), at 10:00 AM on March 14th (UTC), 2022.
Startup Link:
https://www.gate.io/startup
Introduction to Stader Labs (SD)
Stader’s vision is to help network users stake their assets conveniently and safely through its platform by building key staking middleware infrastructure for Proof-of-Stake (PoS) networks that can be leveraged for several customer segments including retail crypto users, exchanges, custodians, and mainstream FinTech players. Stader’s modular smart contracts are built so that third parties can leverage their components and incorporate custom solutions.
Within a few weeks after launch, Stader has become the second largest staking protocol by TVL of >8.5 M Luna (850 M USD) and over 30,000+ wallets staking on Terra. Stader is targeting to launch Fantom, Solana, Hedera and Polygon in the next few weeks.
(The information below is provided by the Stader Labs (SD)team. Please follow their website for more information)
Token Information
Token name: SD token
Token symbol: SD
Max Supply: 150,000,000 SD
Token Type: ERC-20
Token Contract: 0x30D20208d987713f46DFD34EF128Bb16C404D10f
Token Distribution and Unlocking Rules:
*Rewards & Farming: 36%
1.18% of total supply at TGE, remaining would be based on individual rewards program as determined via governance
*Team & Advisors: 17%
6 month cliff followed by linear vesting for 36 months
*Private sale: 17%
0.65% of total supply at TGE, linear vesting across 36 months post TGE
*DAO fund: 15%
To be determined through governance
*Ecosystem fund: 11%
0.83% at TGE, remaining to be determined via governance
*Public sale: 4%
Option 1:
2% of total supply: 0.4% of total supply at TGE, followed by linear vesting monthly for 4 additional months
Option 2:
2% of total supply: 0.4% of total supply to be unlocked around 25th April, followed by every 2 months for 8 additional months
Website:
https://staderlabs.com/
Whitepaper:
https://staderlabs-docs.s3.amazonaws.com/Stader_Litepaper.pdf
Token Information:
https://etherscan.io/token/0x30D20208d987713f46DFD34EF128Bb16C404D10f
Stader Labs Startup Sale Rules
(1) Duration: 10:00 AM on March 14th—10:00 AM on March 15th (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; Public Sale Price: $4.5; Startup Supply: 5,556 SD
(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 10:00 AM on March 14th—10:00 AM on March 15th (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 10:00 AM(UTC) on March 15th, 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: 03:00 PM (UTC) on March 15th
Gate.io Investment Participating Disclosure
Gate.io Labs didn’t invest in Stader Labs
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 HDV, 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 (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
Gate.io is a Cryptocurrency Trading Platform Since 2013
Top ranking, Trustworthy, Transparent
Sign up to enter the crypto gateway and get 40% commission from
referrals Download iOS/Android App right now.
Follow us on social
Twitter:
https://twitter.com/gate_io
Telegram:
https://t.me/gate_zh
Instagram:
https://www.instagram.com/gateioglobal
Medium:
https://medium.com/@gateio
Podcast:
https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
March 12th, 2022