Announcements Gate.io Startup Free Offering: Seamless Protocol (SEAM) and Announcement of Free Distribution Rules (2,400 SEAM free of charge)

Gate.io Startup Free Offering: Seamless Protocol (SEAM) and Announcement of Free Distribution Rules (2,400 SEAM free of charge)

2023-12-12 06:09:39 UTC 15760 Read

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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, Seamless Protocol (SEAM), on December 12th, 2023 at 07:00 AM (UTC).

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

Introduction to Seamless Protocol (SEAM)：
Seamless Protocol is the first native decentralized lending and borrowing protocol on Base. Seamless lays the foundation for modern DeFi, focusing on lower-collateral borrowing and a better user experience to inspire the masses. The contributors have backgrounds from web3, including Aave, Uniswap, CertiK, Maple Finance, and Coinbase. SEAM is the utility governance token of Seamless Protocol.

(The information below is provided by the Seamless Protocol (SEAM) contributors. Please follow the website for more information）

Token Information
Token name: Seamless
Token symbol: SEAM
Max Supply: 100,000,000 SEAM
Token Type: ETH & BASE
Token Contract: 
ETH: 0x6b66ccd1340c479b07b390d326eadcbb84e726ba
BASE: 0x1c7a460413dd4e964f96d8dfc56e7223ce88cd85

Token Distribution and Unlocked Rules:
Fair Launch

Website: https://www.seamlessprotocol.com/ 
Whitepaper:https://docs.seamlessprotocol.com/
Token Information: 
https://etherscan.io/token/0x6b66ccd1340c479b07b390d326eadcbb84e726ba
https://basescan.org/token/0x1c7a460413dd4e964f96d8dfc56e7223ce88cd85

Seamless Protocol (SEAM)Startup Sale Rules
(1) Duration: 07:00 AM on December 12th - 10:00 AM on December 12th (UTC), 2023 Orders placed by qualified users within these 3 hours will be treated equally.)
(2) Trading starts time: 02:00 PM on December 12th (UTC), 2023 
(3) Price: $0; Startup Supply: 2,400 SEAM
(4) Unlocking Rule: 100% Unlock
(5) Startup Participation Rules:
Each user can only purchase once with KYC account.
a)Startup Participation Rules for VIP Users:
1.For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
2.Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
b)Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/article/31899
(6) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(7) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

Gate.io Labs Investment Participating Disclosure
Gate.io Labs didn’t invest in Seamless Protocol (SEAM)

**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
December 12, 2023

Gate.io Startup Free Offering: Seamless Protocol (SEAM) and Announcement of Free Distribution Rules (2,400 SEAM free of charge)

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