Gate Startup Initial Offering: LION TOKEN

Gate has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.



Gate Startup will launch its next project with LION on May 5th, 2021 at 08:00 AM(UTC).

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

Introduction to LION

LION Token pays tribute to the community culture and contribution of Dogecoin DOGE, and closely follows the SHIB (Shiba token) and Akita coin (AKITA) on Ethereum. The unique innovative LION Token smart contract is the world's first of which every transaction done will automatically deduct one-thousandth of the transaction amount and automatically deposited into the permanent black hole address to achieve a fully automatic deflation mechanism. Base on the more friendly and more suitable for global blockchain user groups platform like Huobi, Binance, and GateChain (High-efficiency transactions in seconds, and low handling fees of almost 0) this great experiment of decentralized spontaneous community construction, LION is automatically experiencing a perfect and complete decentralization and creating a unique fantasy journey of community culture.



(The information below is provided by the LION team. Please follow website for more information）

Token Information

Token name: LION

Token symbol: LION

Max Supply: 20,000,000,000 LION

Token Type: HRC-20

Token Contract:

Heco：0xd44c3ba075d73c812e272c03d42fdb6448ae10cd

Coummunity：100%





Website：https://www.liontoken.org/

Document：https://www.liontoken.org/

Token Information：https://hecoinfo.com/token/0xd44c3ba075d73c812e272c03d42fdb6448ae10cd



Globe Derivative Exchange(GDT) Startup Sale Rules

(1) Duration: 08:00AM(UTC), May 5th, 2021 - 1:00 AM(UTC), May 6th, 2021 (Orders placed by qualified users within these 17 hours will be treated equally.)

(2) To participate in Startup Sale, users will need to be VIP1 and above.

(3) Price: 0 USDT/GDT. Startup Supply : 100,000,000 LION

(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 08:00AM(UTC), May 5th, 2021 - 1:00 AM(UTC), May 6th, 2021. Orders placed by qualified users within these 17 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 2:00 AM(UTC), 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 one hours later at 2:00 AM(UTC), May 6th, 2021.

(10) Trading starts time: May 6th 3:00 AM(UTC)



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.
  
  
  
  (3) Requirements for participants
  
• The participant should register on Gate 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 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
  
  May 5, 2021
  
  
  
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