Gate Announcement on Distribution of First Rewards for the Winning Bidders in the KSM Slot Auction Project of Sakura

Gate has distributed the first SKU rewards for the Winning Bidders in the KSM Slot Auction Project of Sakura (SKU). Users who have successfully participated in the KSM Slot: Lock-up KSM ＆ Earn SKU can check the reward distribution details at “My Wallets”– section “My Billing Details”.





Gate Sakura Rewards for Winning Bidders:

1. Reward currency: SKU
   
2. On-chain lock-up/(unlock) date: 2022-01-10 (+336 days)
   
3. Reward distribution: 1 KSM: 157.5 SKU
   
4. Reward releasing rules: 28% of all rewards (including specially-distributed rewards) will be released immediately, and the remaining 72% rewards will be unlocked spontaneously within 48 weeks as of the on-chain lock-up date. The interest will be distributed to users once every 7 days after the first sum of interest distribution. So far, 28% of the interest has been released to users.
   
   
   
   
   
   Gate reserves the right to the final interpretation of the activity. If you have any questions, please reach out to our online chat support.
   
   
   
   Thank you!
   
   
   
   
   
   
   
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   Gate Team
   
   February 28