Gate.io Startup Free Offering: ADAPad (ADAPAD) and Announcement of Free Distribu

About Gate.io Startup Free Airdrop Program In order to rewardplatform users, Gate.io launched the "Startup Project Free AirdropProgram", and free airdrops for blockchain excellent projects are launchedin the Startup area from time to time. VIP and GT users can get a variety oftokens airdrop benefits.

This ADAPad (ADAPAD) Startup subscription is a freesubscription, and will not deduct the users' participation funds in the end ofevent.

Startup Link: https://www.gate.tv/startup

Introduction to ADAPad (ADAPAD)

ADAPad is the first deflationary launchpad for the Cardanoecosystem. The platform represents a crucial pillar in helping to guide thedevelopment and growth of the Cardano landscape by providing a democratic routefor funding and incubation of promising new projects. High-quality projectsbuilding on Cardano will be able to request incubation by the veteran BlueZillateam and can gain access to one of the most battle-tested marketing enginesaround

(The information below is provided by the ADAPad(ADAPAD) team. Please follow ADAPad(ADAPAD) for more information）

Token Information

Token name: ADAPad

Token symbol: ADAPAD

Max Supply：1,000,000,000

Token Type: BEP-20/ERC-20

Contract: 0xDB0170e2d0c1CC1b2E7a90313d9B9afA4f250289

Token distribution ratio and unlocking rules:

Team 12% 2 months cliff + 12 months vesting

Advisors 6% 2 months cliff + 12 months vesting

Liquidity 15% sufficient tokens for AMM listing will be unlocked.Rest will be

non-circulating.

Ecosystem 16% 1 month cliff + 12 months vesting.

Reserve 5% 3 months cliff + 12 months vesting.

Staking/Rewards 15.5% N/A

Private sale 19% 10% at TGE, rest vested for 5 months.

Public sale 10.5% with 10%at TGE, rest vested for 5 months.

Airdrop 1% monthly for 10 months.

Website:https://adapad.io/

WhitePaper ：N/A

ADAPad Startup Sale Rules

(1) Duration: 02:00AM 17th Nov, 2021 - 10:00AM 17th Nov,2021)(Orders placed by qualified users within these 8 hours will be treatedequally.)

(2) Trading start time: 12:00PM 17th Nov, 2021 (UTC)

Trading pairs: ADAPAD/USDT

(3) Price: 0 USDT(Secondary Marketing Price: $0.630)

(4)Startup Supply :79,365 ADAPAD

(5) Users purchase using USDT.

(6) Unlock rule: 100% unlock.

(7) To participate in Startup Sale, users will need to be VIP1and above,can only purchase once with each KYC account.

(8) Purchase limit: The maximum subscription limit for a singleuser is 1000 shares; the relationship between the VIP level and themaximum subscription allocation is:

the maximum number of subscriptions (not the final actualsubion 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 theorders until we announce the sale result. An insufficient balance will resultin the cancellation of the purchase order.

(10) We will collect all the qualified orders and distribute thetokens according to the ratio of the individual purchase orders to the purchaseorders in total. Thefinal result will be announced before trading starts.

Gate.io Labs Private Sale Participating Disclosure

Gate.io Labs has not participated inthe ADAPad (ADAPAD) investment.

Attention

(1) Countries not supported: Afghanistan, Albania, Belarus,Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic ofCongo, 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, UnitedStates of America, Venezuela, Yemen, Zimbabwe.

For users from other countries, please check and make sure yourparticipation in the token sale on Startup complies with local laws andregulations.

(2) Risk Warning:

- The project team does not guarantee thattoken price will not be lower than its startup sale price. Please invest withcaution, and don't invest beyond your financial capacity.

- The start-up project is still in its initial stage, factorsincluding the operation and underlying technology of the project, and otherrelated regulatory activities might contribute to significant risks.

- Advanced technical and financial knowledge is required tounderstand, and e valuate the inherent risks of crypto-asset investment.

- The market volatility is high, and the price of a token mightfluctuate drastically due to technical, regulatory, and marketing factors.

- Users may not be able to withdraw all the purchased tokens dueto technical issues of the project or Gate.io.

(3) Requirements for participants

- The participant should register on Gate.io and Log in;

- After logging in, complete user identity verification;

- Deposit a certain amount of cryptocurrencies in your gate.ioaccount;

- Sign the Purchase Agreement on Startup before placing orders.

Gate will open an Automated Market Maker (AMM ) for (ADAPAD)，and launch an AMM "liquidity-mining" rewards. Users whoprovide market liquidity by inserting liqudity in will get rewards fromliquidity 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.io 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 toobtain the same liquidity advantage as Uniswap, and allows users to enjoy thelow-cost and high-quality user experience of the centralized platform. Gate.iowill continue to add different currencies, please pay close attention tofollow-up announcements.

The rules formarkets to upgrade to the Automated Market Maker (AMM) model are as follows:

1) Fixed 0.3% commission fee for both Taker and Maker(temporarily consistent with Uniswap, subject to the needs of both marketparties)

2) A fixed percentage (such as 50%) of the transaction fee willautomatically be changed into GT through the open market and put into the AMMReward Pool.

3) Anyone can become a liquidity provider (LP) and get the transactionfee rewards from the liquidity pool and the GT rewards that are invested in theliquidity bonus pool.

4) Liquidity providers provide liquidity to the market, but theyneed to bear in mind the risk of impermanent losses. For example, if the marketprice doubles, the impermanence loss is about 7%, and if the market price dropsback to the original point, the impermanence loss disappears.

5) Liquidity providers can take bonus and withdraw at any time

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Gate.io Team

Nov 16th, 2021