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    Announcements Gate.io Initial Startup Free Offering: Solrise(SLRS) and Announcement of Free Distribution Rules (500,000 SLRS free of charge)

    Gate.io Initial Startup Free Offering: Solrise(SLRS) and Announcement of Free Distribution Rules (500,000 SLRS free of charge)

    2021-06-25 01:36:47 UTC 94700 Read
    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: Solrise Finance, on June 29th, 2021 at 02:00 PM(UTC).

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

    Introduction to Solrise Finance
    Solrise Finance is a Solana-based protocol for decentralized, non-custodial asset management. Solrise allows anyone to create, manage or invest in a managed portfolio of native and synthetic assets.


    (The information below is provided by the Solrise Finance team. Please follow website for more information)
    Token Information
    Token name: Solrise
    Token symbol: SLRS
    Max Supply: 1,000,000,000 SLRS
    Token Type: SPL
    Token Contract: SLRSSpSLUTP7okbCUBYStWCo1vUgyt775faPqz8HUMr
    Token Distribution:
    Eco (community) Incentives: 30% - 10% unlocked at TGE, linear vesting for 24 months
    Foundation: 30.03% - 30% unlocked at Mainnet, 70% linear vesting for 24 months
    Team: 20% - 25% after 2 year cliff, 3 years linear vesting for 75%
    Fundraise: 11.97%:
    Strategic A round 3.4%, 5% unlocked at TGE, 12 months lock, 95% linear vesting for 24 months
    Strategic B round 7.82%,5% unlocked at TGE, 6 months lock, 95% linear vesting for 12 months
    Public Sale round 0.75%,100% unlocked at TGE
    Liquidity: 5% - unlocked at TGE
    Advisors: 3% - 25% after 2 year cliff, 3 years linear vesting for 75
    Website:https://solrise.finance/
    Document:https://docs.solrise.finance/solrise-litepaper-1/abstract
    Token Information:https://solanabeach.io/token/SLRSSpSLUTP7okbCUBYStWCo1vUgyt775faPqz8HUMr/accounts


    Solrise Finance Startup Sale Rules
    (1) Duration: 02:00PM 29th - 04:00 AM(UTC), 30th June 2021 (Orders placed by qualified users within these 14 hours will be treated equally.)
    (2) To participate in Startup Sale, users will need to be VIP1 and above.
    (3) Price: $0 ; IDO price: $ 0.05 ; Startup Supply : 500,000 SLRS
    (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 02:00 PM 29th - 04:00 AM(UTC), 30th June 2021. Orders placed by qualified users within these 14 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 04:00 AM(UTC),30th June, 2021, 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 2 hours later at 06:00 AM(UTC), 30th June, 2021.
    (10) Trading starts time: 01:00 PM(UTC), 6th July ,2021


    Gate.io Labs Private Sale Participating Disclosure
    Gate Labs did not involved in the investment


    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.

    Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


    Gate.io Team
    June 25, 2021

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