Announcements Gate.io Startup Free Offering: Sakai Vault (SAKAI) and Announcement of Free Distribution Rules (5,334 SAKAI free of charge)

Gate.io Startup Free Offering: Sakai Vault (SAKAI) and Announcement of Free Distribution Rules (5,334 SAKAI free of charge)

2024-01-22 06:24:46 UTC 16915 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, Sakai Vault (SAKAI), on January 24th, 2024 at 08:00 AM (UTC).

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

Introduction to  Sakai Vault (SAKAI)：
Sakai Vault is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Sakai Vault provides an in-depth look at selected topics ranging from cryptocurrency fundamentals to market analyses, thus helping investors with insights on trends and developments through an integrated decentralized perpetual exchange.

(The information below is provided by the Sakai Vault (SAKAI) team. Please follow the website for more information）
 
Token Information
Token name: Sakai Vault
Token symbol: SAKAI
Max Supply: 8,000,000 SAKAI
Token Type: BNB
Token Contract: 0x43B35e89d15B91162Dea1C51133C4c93bdd1C4aF

Token Distribution and Unlocked Rules:
*Private Sale: 12.5%
TGE : 10 %, 6 months cliff, release 15% every 30 days

*LaunchPad:15%
TGE : 100 %

*Liquidity Incentive: 7.979%
5 years cliff

*Incentive Programs: 2%
TGE : 10 %, 10 months cliff, release 10% every 30 days

*CEX: 7.5%
TGE : 50 %, 6 months cliff, release 50% every 30 days

*Ecosystem: 23.203%
100% of the token will be transferred to Stake pool on March 9th

*Airdrop: 1%
100% of the token will be transferred to Stake pool on March 9th

*DAO Treasury: 15%
TGE 3%, 3 years cliff, release every 30 days, the token will be transferred to Stake pool

*VCs Partnerships: 6%
TGE : 3 %, 3 years cliff, release 3% every 30 days

*Core Team: 10%
TGE : 5 %, 2 years cliff, release 5% every 30 days

Website: https://sakaivault.io/
Whitepaper:https://docs.sakaivault.io/ 
Token Information:
https://bscscan.com/token/0x43B35e89d15B91162Dea1C51133C4c93bdd1C4aF

Sakai Vault (SAKAI)Startup Sale Rules
(1) Duration:  08:00 AM on January 24th - 08:00 AM on January 26th (UTC), 2024 Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading starts time: 12:00 PM on January 26th (UTC), 2024    
(3) Price: $0; Startup Supply:  5,334 SAKAI
(4) Unlocking 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/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 Sakai Vault (SAKAI)

**Attention**
(1) Please be noted that we may restrict or prohibit the use of all or a portion of the Services (including the participation in this event, game or competition) from Restricted Locations, including but not limited to the United Kingdom, United States of America, Mainland China, Singapore, Canada, France, Germany, Hong Kong, Lithuania, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Luhansk, Donetsk, Netherlands, Bolivia and so on.

We may in our sole and absolute discretion elect to make the Services, or only part of the Services available in certain jurisdictions. For more information regarding the Restricted Locations, please read the User Agreement “[Section 2.3(d) Restricted Locations](https://www.gate.io/user-agreement "Section 2.3(d) Restricted Locations")”. We do not intend to solicit or conduct marketing towards customers in such Restricted Locations.
(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 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
January 22nd, 2024

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Gate.io Startup Free Offering: Sakai Vault (SAKAI) and Announcement of Free Distribution Rules (5,334 SAKAI free of charge)

Gate.io Startup Free Offering: Sakai Vault (SAKAI) and Announcement of Free Distribution Rules (5,334 SAKAI free of charge)

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