1 Resource Finance(SOURCE)Token Sale Result
The Gate Startup Resource Finance(SOURCE) sale result is as follows:
DAO Startup Locked Amount: 1,411,139 DAO
Total value of orders (in USDT): 6,263,239 USDT
Total value of qualified orders (in USDT): 5,930,259 USDT
Number of orders:1,687
Number of Qualified orders: 1,600
Percentage of qualified orders: 94.84291641968 %
Percentage of succeeded purchases: 94.683583435646 %
Number of participants: 1,687
Number of qualified participants: 1,600
Average qualified order value per user (in USDT):3706.41244625 USDT
Average distribution value per user (in USDT): 62.499937500439 USDT
Average distributed SOURCE per user: 138.88875000098
F (distribution ratio) = 0.02024604220701
Per the previous announcement, all qualified orders will obtain the token on sale equally. To guarantee transparency and fairness, all original records are stored for possible third-party auditing.
Attention: Most unqualified orders occurred due to insufficient balance in the user account. Please ensure there is sufficient balance (exceeding the purchasing value) for the order by UTC 04:00 A.M. The insufficient balance will result in the cancellation of the purchase order.
According to the official rules, Lock up: 20% at TGE, 3 months cliff, then 20% on a quarterly basis.
2 SOURCE Listing
Participants will receive a proportional amount ofHE tokens to their share of DAO tokens locked up on Gate according to the token release schedule at the TGE.
3 Gate Startup Initial Offer
Gate Startup has become increasingly more popular among users, with an excellent performance since its launch. In 2020, Gate Startup Initial Offer has upgraded to version 2.0. We are providing more flexible and diversified services to attract more promising projects. At the same time, we are aiming at providing more protections to our users.
If you are a project team and want to commence your initial token sale here, submit a request below.
Apply at: https://www.gate.com/listrequest
If you project has had initial token sale and wants to be listed at Gate, you may also apply to participate in our voting for listing activities. If you are our user and have a good project to recommend, please fill the application form and let us know. Let’s work together to boost the development of Gate and create more benefits to our users.
Gate 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 Team
Nov 18th, 2021
