Announcements Gate.io Startup Free Offering: SmarDex (SDEX) and Announcement of Free Distribution Rules (6,853,186 SDEX free of charge)

Gate.io Startup Free Offering: SmarDex (SDEX) and Announcement of Free Distribution Rules (6,853,186 SDEX free of charge)

2023-08-30 08:30:30 UTC 18354 Read

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About Gate.io Startup Free Airdrop Program 
In order to reward platform users, Gate.io launched the "Startup Project Free Airdrop Program". Free airdrops for excellent blockchain projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens via airdrop benefits.
 
Gate.io Startup will launch its next project, SmarDex (SDEX), on September 7th, 2023 at 04:00 AM (UTC).

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

**Introduction to SmarDex (SDEX)：**
 SmarDex is an innovative decentralized exchange developed through two years of research by a team of independent researchers out of EPFL, Europe’s top-ranked university. This groundbreaking technology, supported by a scientific paper, not only minimizes impermanent loss but often creates impermanent gain. SmarDex’s advanced algorithms dynamically adjust liquidity pool ratios, ensuring fair rewards and fostering a balanced ecosystem for liquidity providers.

The platform offers a user-friendly interface, allowing users of all experience levels to efficiently trade. By providing better incentives for liquidity providers and addressing impermanent loss more effectively than competitors, SmarDex paves the way for a more profitable and sustainable decentralized finance experience.

(The information below is provided by the SmarDex (SDEX)  team. Please follow the website for more information）
 
**Token Information**
Token name: SmarDex
Token symbol: SDEX
Max Supply: 10,000,000,000 SDEX
Token Type: Ethereum
Token Contract: 
0x5de8ab7e27f6e7a1fff3e5b337584aa43961beef

Token Distribution and Unlocked Rules:
Liquidity Pools: 50%
100% TGE release

Long-term Farming Yield and Staking Rewards: 50%
Rewards distributed over 10 years

Website: https://smardex.io/ 
Whitepaper: https://www.academia.edu/98332701/The_SMARDEX_Protocol_A_Novel_Solution_to_Impermanent_Loss_in_Decentralized_Finance 
Token Information: https://etherscan.io/token/0x5de8ab7e27f6e7a1fff3e5b337584aa43961beef

**SmarDex (SDEX) Startup Sale Rules**
(1) Duration: 04:00 AM on September 7th - 04:00 AM on September 8th (UTC), 2023 Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 07:00 AM on September 8th (UTC), 2023   
(3) Price: $0; Startup Supply: 6,853,186 SDEX  
(4)  Unlock rule: 100% unlock
(5)  Startup Participation Rules:
Each user can only purchase once with KYC account.
a) Startup Participation Rules for VIP Users:
1.For Airdrop Projects, the system will no longer verify the VIP Users’ assets adequacy, instead, the system will verify the Users’ VIP Level. The actual shares each VIP User received will be determined based on the actual VIP Level at the time of token distribution.
2.Purchase limit: The maximum contribution limit for a single user is 1500 shares. The VIP Users’ existing subscription share rules remain unchanged and can get 100% airdrops. The higher the VIP level, the more Startup airdrop shares can be subscribed.
The relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
b) Startup Participation Rules for Non-VIP Users (VIP 0 Users):
Spot assets not less than 10 USD, after participating in the subscription, whether the Non-VIP Users win or not will be announced at the end of the project subscription.
A portion of lucky Non-VIP Users will be randomly selected and the airdrop amount will be evenly distributed.
Non-VIP users who use Startup vouchers to join the subscription will have their Voucher benefits prioritized. Startup vouchers guarantee a 100% corresponding share, the specific subscription rules can be found at https://www.gate.io/zh/article/31899 
(6) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.
VIP users will be distributed according to the ratio of the individually subscripted tokens to the total subscripted tokens.
Non-VIP users will be randomly selected as part of the lucky Non-VIP users and the airdrop quota will be distributed equally. The subscription results will be announced before listing.
(7) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**Gate.io Labs Investment Participating Disclosure**
Gate.io Labs didn’t invest in SmarDex (SDEX)

**Attention**
(1) Countries not supported: USA, Canada, Malaysia, Singapore, Mainland China, Malta, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, Bolivia.
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 the 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 evaluate 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.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.io account;
-Sign the Purchase Agreement on Startup before placing orders.

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Gate.io Team
August 30th, 2023

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Gate.io Startup Free Offering: SmarDex (SDEX) and Announcement of Free Distribution Rules (6,853,186 SDEX free of charge)

Gate.io Startup Free Offering: SmarDex (SDEX) and Announcement of Free Distribution Rules (6,853,186 SDEX free of charge)

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