About Gate Startup Free Airdrop Program In order to reward platform users, Gate launched the "Startup Project Free Airdrop Program", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.
This Zignaly(ZIG) Startup subscription is a free subscription, and will not deduct the users' participation funds in the end of event.
Startup Link: https://www.gate.com/cn/startup
Introduction to Zignaly(ZIG)
The Zignaly platform and marketplace connects everyday consumers with the world’s top, proven crypto investors in a trusted, facilitated system that allows consumers to reap the expertise, leverage, and scale of top traders and funds handling their trading -- in return for a portion of shared profits. For pro traders and funds, Zignaly enables unprecedented access to new sources of funds & followers, serving as scaled capital for dramatically higher profit potential. As of now, over 350 pro traders are serving 350,000+ users who have allocated USD115M in crypto assets. Apart from Profit-sharing, Zignaly also offers the Zignaly Vault, which is another avenue for passive income.
(The information below is provided by the Zignaly(ZIG) team. Please follow Zignaly(ZIG) for more information）
Token Information
Token name: Zigcoin
Token symbol: ZIG
Max Supply：2,000,000,000
Token Type: Natively ERC-20, but available on BSC and POLYGON, too.
Contract:
ERC-20: 0xb2617246d0c6c0087f18703d576831899ca94f01
BSC: 0x8C907e0a72C3d55627E853f4ec6a96b0C8771145
POLYGON: 0x7bebd226154e865954a87650faefa8f485d36081
Token distribution ratio and unlocking rules:
Private Sale 12.50% Periodic unlocking over 180 days. All coins are already unlocked and distributed.
Advisor Allocation 3.25% Varying degree of unlocks depending on advisor to advisor.
Liquidity Program 12.00% A part of it is currently use under the AscendEX pre staking program, that will end on 30th November. More than 80% of this portion will be distributed to the ZIG Holders inside platform over a 5-7 years period
Campaign & Community giveaways 5.00% Used for awareness campaign and now for the referral program as well
Zignaly reserves 25.00% Used for few salary payments, overall this is unutilized till this point
Market making / partnerships / exchange listings 10.00% Part of listing process as well initial giveaways
Expert Trader Incentive 5.00% Not utilized yet
Founders Portion 27.25% Locked till 2023, the long-term linear unlock over 30 months after that. Founders have recently extended the lockup period till 2023 versus 2021 October previously.
Website:https://zignaly.com/ & https://token.zignaly.com
WhitePaper ：https://docsend.com/view/325hpfu6nyrh7883
Zignaly(ZIG) Startup Sale Rules
(1) Duration: 10:00AM 3rd Jan, 2022 - 10:00AM 4th Jan, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 12:00PM 4th Jan, 2022 (UTC)
Trading pairs: ZIG/USDT
(3) Price: 0 USDT(Secondary Marketing Price: $0.086)
(4)Startup Supply : 1,744,186 ZIG
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each KYC account.
(8) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (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
(9) 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.
(10) 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 before trading starts.
Gate Labs Private Sale Participating Disclosure
Gate Labs has not participated in the Zignaly(ZIG) investment.
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 will open an Automated Market Maker (AMM ) for ZIG, and launch an AMM "liquidity-mining" rewards. Users who provide market liquidity by inserting liqudity in will get rewards from liquidity pool transaction fee and GT token rewards from liquidity reward pool. High annual rate rewards with secure.
AMM Trading Market and AMM Liquidity Mining
Gate has launched a new version of the liquidity pool (centralized automatic market maker (AMM) transaction service) on August 1st, 2021: allowing most of the new currency and non-mainstream currency markets to obtain the same liquidity advantage as Uniswap, and allows users to enjoy the low-cost and high-quality user experience of the centralized platform. Gate will continue to add different currencies, please pay close attention to follow-up announcements.
The rules for markets to upgrade to the Automated Market Maker (AMM) model are as follows:
- Fixed 0.3% commission fee for both Taker and Maker (temporarily consistent with Uniswap, subject to the needs of both market parties)
- A fixed percentage (such as 50%) of the transaction fee will automatically be changed into GT through the open market and put into the AMM Reward Pool.
- Anyone can become a liquidity provider (LP) and get the transaction fee rewards from the liquidity pool and the GT rewards that are invested in the liquidity bonus pool.
- Liquidity providers provide liquidity to the market, but they need to bear in mind the risk of impermanent losses. For example, if the market price doubles, the impermanence loss is about 7%, and if the market price drops back to the original point, the impermanence loss disappears.
- Liquidity providers can take bonus and withdraw at any time
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Gate Team
Dec 30th, 2021
