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Gate.io Startup Free Offering: PulsePad(PLSPAD) and Announcement of Free Distrib

Gateio2021-11-16 19:55:03

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.

ThisPulsePad(PLSPAD) Startup subscriptionis a free subscription, and will not deduct the users' participation funds inthe end of event.

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

Introduction toPulsePad(PLSPAD)

PulsePad is set as the premier IDO platform for projects building onPulseChain — a new Ethereum sister chain designed to provide an idyllicenvironment for building powerful new applications, while simultaneouslyreducing the load on the Ethereum network.

(The information below isprovided by the PulsePad(PLSPAD) team. Please follow PulsePad(PLSPAD) for more information

Token Information

Token name:PulsePad

Tokensymbol:PLSPAD

Max Supply: 5,000,000,000

Token Type: BEP

Contract:0x8a74bc8c372bc7f0e9ca3f6ac0df51be15aec47a

Token distribution ratio andunlocking rules:

Team 15% 2 months cliff +12 months vesting

Advisors 7% 2 months cliff + 12months vesting

Liquidity 12% sufficient tokensfor AMM listing will be unlocked. Rest will be non circulating.

Ecosystem 12% 1 month cliff + 12months vesting.

Reserve 5% 3 months cliff + 12months vesting.

Staking/Rewards. 14% N/A

Private sale 20% 10% at TGE, 1month cliff then linear vesting for 6 months.

Public sale 14% with 10% at TGE,1 month cliff then linear vesting for 6 months.

Airdrop 1% monthly for 10 months.

Website: https://pulsepad.io/

WhitePaper N/A

Startup Sale Rules

(1) Duration: 02:00AM 17th Nov,2021 -10:00AM 17th Nov, 2021 (UTC)(Orders placed by qualified users withinthese 8 hours will be treated equally.)

(2) Trading starts time: 12:00P17th Nov, 2021 (UTC)

Trading pairs: PLSPAD/USDT

(3) Price: 0 USDT(SecondaryMarketing Price: $0.3613)

(4)Startup Supply : 138,389PLSPAD

(5) Users purchase using USDT.

(6) Unlock rule: 100% unlock.

(7) Toparticipate in Startup Sale, users will need to be VIP1 and above,can onlypurchase once with each KYC account.

(8) Purchase limit: The maximumsubscription limit for a single user is 1000 shares; the relationshipbetween the VIP level and the maximum subscription allocation is:

the maximum numberof subscriptions (not the final actual subion number) = the square of theVIP 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) Usersneed to ensure that there is sufficient balance (exceeding the purchase value)in accounts for the purchase after placing the orders until we announce thesale result. An insufficient balance will result in the cancellation of thepurchase order.

(10) We will collect all thequalified orders and distribute the tokens according to the ratio of theindividual purchase orders to the purchase orders in total. The final resultwill be announced before trading starts.

Gate.io Labs Private Sale Participating Disclosure

Gate.io Labs did not participatedin the SPulsePad(PLSPAD) 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 Startupcomplies with local laws and regulations.

(2) Risk Warning:

- Theproject team does not guarantee that token price will not be lower than itsstartup sale price. Please invest with caution, and don't invest beyond yourfinancial capacity.

- Thestart-up project is still in its initial stage, factors including the operationand underlying technology of the project, and other related regulatoryactivities might contribute to significant risks.

- Advancedtechnical and financial knowledge is required to understand, and e valuate theinherent risks of crypto-asset investment.

- Themarket volatility is high, and the price of a token might fluctuate drasticallydue to technical, regulatory, and marketing factors.

- Users maynot be able to withdraw all the purchased tokens due to technical issues of theproject or Gate.io.

(3) Requirements for participants

- Theparticipant should register on Gate.io and Log in;

- Afterlogging in, complete user identity verification;

- Deposit acertain amount of cryptocurrencies in your gate.io account;

- Sign thePurchase Agreement on Startup before placing orders.

Gate will open an Automated MarketMaker (AMM ) for PLSPADand launch an AMM"liquidity-mining" rewards. Users who provide market liquidity byinserting liqudity in will get rewards from liquidity pool transaction fee andGT token rewards from liquidity reward pool. High annual rate rewards withsecure.

AMM Trading Market and AMM LiquidityMining

Gate.io has launched a new versionof the liquidity pool (centralized automatic market maker (AMM) transactionservice) on August 1st, 2021: allowing most of the new currency andnon-mainstream currency markets to obtain the same liquidity advantage asUniswap, and allows users to enjoy the low-cost and high-quality userexperience of the centralized platform. Gate.io will continue to add differentcurrencies, please pay close attention to follow-up announcements.

Therules for markets to upgrade to the Automated Market Maker (AMM) model are asfollows:

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 as50%) of the transaction fee will automatically be changed into GT through theopen market and put into the AMM Reward Pool.

3) Anyone can become a liquidityprovider (LP) and get the transaction fee rewards from the liquidity pool andthe GT rewards that are invested in the liquidity bonus pool.

4) Liquidity providers provideliquidity to the market, but they need to bear in mind the risk of impermanentlosses. For example, if the market price doubles, the impermanence loss isabout 7%, and if the market price drops back to the original point, theimpermanence loss disappears.

5) Liquidity providers can takebonus and withdraw at any time

Gate.io is a Cryptocurrency Trading Platform Since 2013

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Signup to enter the cryptogateway and get 40% commission from referrals

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Gate.io Team

Nov 15th, 2021


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