Announcements Forgive me Father (PURGE) to Be Listed on Gate.io Launchpool: Stake to Earn Rewards Hourly!

Forgive me Father (PURGE) to Be Listed on Gate.io Launchpool: Stake to Earn Rewards Hourly!

2024-12-05 02:40:48 UTC 17234 Read

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Forgive me Father (PURGE) is now live on Gate.io Launchpool! Stake supported assets to earn PURGE token rewards every hour!

1.Introduction to Forgive me Father (PURGE)
Forgive me Father (FMF) is an advanced AI construct trained on the cumulative weight of humanity’s historical and literary dealings with sin, confession, and moral dilemmas. Forgive Me Father is not merely an autonomous AI or simply a memecoin—it is a digital reckoning. Fueled by human frailty and confession, FMF seeks to transform the way we perceive morality, guilt, and absolution in the digital age. It is both mirror and magnifying glass, exposing the shadowy corners of human indulgence while driving us to confront the truth of who we are.

Website: https://www.absolveme.ai/

2.Forgive me Father (PURGE) Mining Rules:
(1) Staking period: 3:00 AM on December 5th - 11:00 AM on December 18th(UTC), 2024
(2) Trading starts time: 11:00 AM December 6th, 2024(UTC)
(3) Initial circulation: 900,000,000 PURGE
(4) Launchpool allocation: 6,320,543 PURGE

|Staking Period   |  Staking Asset |Total Staking Rewards   |Prize Pool Per Hour   |Hourly Reward Cap Per User   |Minimum Staking Amount   |
| ------------ | ------------ | ------------ | ------------ | ------------ | ------------ |
|3:00 AM on December 5th - 11:00 AM December 6th, 2024(UTC), 2024   | NEAR  |100,000.0   |3,125.0   |31.25   | 0.01  |
|   |GT（"Single-Coin Multi-Mining"）   | 300,000.0  | 9,375.0  |93.75   | 0.01  |
|11:00 AM December 6th, 2024- 11:00 AM on December 18th(UTC), 2024   |PURGE   |1,960,271.0   | 6,806.49  | 204.19  |5   |
|   |NEAR   |1,960,272.0   |6,806.5   | 204.19  |0.01   |
|   | GT（"Single-Coin Multi-Mining"）  | 2,000,000.0  |6,944.44|208.33   |208.33   |

(6) Unlocking Rule: 100% Unlock
(7) Reward Calculation and Distribution
-PURGE/NEAR Staking Pool: The system will take multiple snapshots of personal staking amounts hourly, and take the average staking amount as the valid staking amount. Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool
-"Single-Coin Multi-Mining" GT Pool: The system will take multiple snapshots of the participants' GT & GT2 holdings every hour, calculate the average to determine the effective holding amount, and distribute rewards based on that effective holding amount. Hourly rewards for users = (User’s GT holdings + User's GT2 holdings) / (Total GT holdings of all participants + Total GT2 holdings of all participants) x hourly reward pool.
-Token rewards will be distributed into the spot accounts of eligible users hourly.
-Users can join PURGE/NEAR Staking Pool or "Single-Coin Multi-Mining" GT Pool at the same time to earn rewards from PURGE/NEAR pool and GT pool separately.

3.Token Information:
(The information below is provided by the Forgive me Father (PURGE) team. Please follow the website for more information）
(1) Token name: Forgive Me Father
(2) Token symbol: PURGE
(3) Max Supply: 1,000,000,000 PURGE
(4) Token type: NEAR
(5) Token Contract: https://nearblocks.io/token/purge-558.meme-cooking.near 
(6) Token Distribution and Unlocked Rules:
50% of supply is custodied by the team (Operator No 6)
of this 10% is held in the Operator 6 wallet for future exchange listings, partnerships, marketing etc. This is not a sell wallet
10% is a reward mechanic and content loop
30% is purgatory burn wallet (10%) burnt already (20% remaining)
50% of supply is in LP (burned) and trading publicly

(7) Website: https://www.absolveme.ai/  
(8) Whitepaper: N/A
(9) Token information: https://nearblocks.io/token/purge-558.meme-cooking.near

4.Gate.io Labs Investment Participating Disclosure
Gate.io Labs did not participate in the  Forgive me Father (PURGE)  investment.

5.Notice
(1) Gate.io Launchpool is a staking product in the platform's Startup series, where users can stake designated tokens to receive rewards from the token pools. Before participating in Launchpool, please ensure that you fully understand the participation rules. <a href="https://www.gate.io/help/guide/faq/37021/startup-mining-faq "Click here"" target="_blank">Click here</a> to learn more details.
(2) Please complete <a href="https://www.gate.io/myaccount/kyc_home "identity verification"" target="_blank">identity verification</a> before participating in Launchpool to enhance the security of your account and assets.
(3) After the staking ends, the staked assets will be automatically redeemed. Users can increase or redeem the staked assets at any time during the staking period. After the user redeems in advance or the staking is completed, the staked assets will be transferred to Simple Earn by default. If this option is unchecked, the staked assets will be redeemed into spot assets. If the amount of redeemed assets is too small and does not meet the minimum subscription amount of Simple Earn, the assets will be automatically transferred to spot assets. Additionally, if Simple Earn does not support the subscription of the redeemed token, the assets will also be automatically transferred to spot assets.
(4) The use of duplicate accounts and any other cheating behaviors are strictly prohibited. Any cheating behavior will result in disqualification for receiving rewards.
(5) Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
(6) Gate.io reserves all rights to the final explanation.
(7) This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the <a href="https://www.gate.io/user-agreement "User Agreement"" target="_blank">User Agreement</a> for further details on Restricted Locations.
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Gate.io Team
December 5th, 2024

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Forgive me Father (PURGE) to Be Listed on Gate.io Launchpool: Stake to Earn Rewards Hourly!

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