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 GamesPad(GMPD) Startup contribution is a free contribution, and will not deduct the users' participation funds in the end of event.
Startup Link: https://www.gate.com/startup
Introduction to GamesPad(GMPD)
GamesPad will be a one stop shop for everything Gaming, Metaverse and NFT related. People will need to hold GMPD tokens to get a tier to invest in early stage projects or IDO’s as well as we will have Defi products, our own games and more. Giving access to retail buyers to invest at an early stage in Gaming, metaverse and NFT projects as well as supporting founders and projects in the space, connecting projects with community and guilds and helping them raise funds.
(The information below is provided by the GamesPad(GMPD) team. Please follow GamesPad(GMPD) for more information）
Token Information
Token name: GamesPad
Token symbol: GMPD
Max Supply：500,000,000
Token Type: BEP-20
Contract: 0x9720ca160bbd4e7f3dd4bb3f8bd4227ca0342e63
Token distribution ratio and unlocking rules:
-Private 6.5% 0% TGE, 5% after 1 month, then 1 months cliff and then 7.916% for 12 months (total vesting 14 months)
-Strategic 3.4% 0% TGE, 8% after 1 months, then 1 months cliff and then 9.2% for 10 months.
-Community (Public) 1.6% 15% TGE, 1 month cliff then 8.5% per month for 10 months.
-Staking and Farming 20% vested over 24 months
-Team 18% 0% TGE, 6-month cliff followed by 4.166% vested during 24 months (total vesting time is 30 months).
-Advisors 6% 0% TGE, 6-month cliff followed by 4.166% vested during 24 months (total vesting time is 30 months).
-Treasury 15% vesting over 15 months
-Liquidity 3% 50% at TGE and then vested over 3 months
-Marketing & Operations 10% vested over 10 months
-Ecosystem Partnerships 16.5% vesting over 20 months
Website:https://gamespad.io/
WhitePaper ：https://gamespad.io/wp-content/uploads/2021/12/Whitepaper.pdf
GamesPad(GMPD) Startup Sale Rules
(1) Duration: 8:00AM 19th Jan, 2022 - 8:00AM 20th Jan, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 11:00AM 20th Jan, 2022 (UTC)
Trading pairs: GMPD/USDT
(3) Price: 0 USDT(Secondary Marketing Price: $1.11)
(4)Startup Supply : 135,135 GMPD
(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 contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contribution (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 GamesPad(GMPD) 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 GMPD, 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
Jan 19th, 2022
