1 MAD (MAD) Token Subscription & Distribution Result
The Gate Startup MAD (MAD) result is as follows:
MAD Startup Amount: 1,203,369,435 MAD
Total value of orders (in USDT): 225,908,500 USDT
Total value of qualified orders (in USDT): 225,712,380 USDT
Tokens Per Share：150421.179375 MAD
Number of orders:72,451
Number of Qualified orders: 63,924
Percentage of qualified orders: 88.23 %
Percentage of succeeded purchases: 99.91 %
Number of participants: 72,451
Number of qualified participants: 63,924
F (distribution ratio) = 0.00069028918352911
Per the previous announcement, all qualified orders will have equal chance to obtain the token. To guarantee transparency and fairness, all original records are stored for possible third-party auditing.
2 MAD Listing
We will commence MAD trading at Dec 11th, AM 09:00 UTC. The withdrawal service will be available afterwards.
（1）Deposit MAD at: https://www.gate.com/myaccount/deposit/MAD
（2）Trade MAD at: https://www.gate.com/trade/MAD_USDT
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Gate Team
December 11th, 2024
