Announcements Gate.io Startup Initial Free Offering: OtterHome(HOME)and Announcement of Free Distribution Rules( 240,000,000 HOME free of charge)

Gate.io Startup Initial Free Offering: OtterHome(HOME)and Announcement of Free Distribution Rules( 240,000,000 HOME free of charge)

2023-06-06 11:11:19 UTC 24438 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", and free airdrops for blockchain excellent projects are launched in the Startup area from time to time. VIP and GT users can get a variety of tokens airdrop benefits.
 
This OtterHome(HOME) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of event.
 
Startup Link: https://www.gate.io/startup
 
**Introduction to OtterHome(HOME)**
OtterHome is a decentralized finance (DeFi) project built on the Arbitrum Layer2 network, aimed at providing decentralized trading and liquidity provision similar to UniSwap.
 
(The information below is provided by the OtterHome(HOME) team. Please follow OtterHome(HOME) for more information）
 
**Token Information**
Token Name: OtterHome
Token Symbol: HOME
Max Supply：10,000,000,000 
Token Type: Arbitrum ERC-20
Contract:
https://arbiscan.io/address/0x1bD013bD089C2B6b2D30a0e0B545810a5844E761 
Token distribution ratio and unlocking rules: 
IDO: 30%       100% unlock at TGE
Team: 5%       3 months cliff, unlock in 24 months
Institutional investors: 10%      6 months cliff, unlock in 12 months
Staking rewards: 10%     50% unlock at TGE
Development: 15%
Launchpad rewards: 10%
Treasure: 15%
Early stage marketing: 5%     100% unlock at TGE
 
Website: https://otterhome.finance/ 
WhitePaper ：https://otterhome-whitepaper.gitbook.io/ 
 
**OtterHome(HOME) Startup Sale Rules**
(1) Duration: 09:00 am June 12th, 2023 - 09:00 am June 13th, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 12:00 pm June 13th, 2023 (UTC)
Trading Pairs: HOME/USDT
(3) Price: 0 USDT
(4)Startup Supply : 240,000,000 HOME
(5) Unlock rule: 100% unlock.
(6) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share; 
The higher the VIP tier, the more shares.
For VIP 1 and above,  the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account
(7) Purchase limit: The maximum contribution limit for a single user is 1500 shares; the relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
(8) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
(9) We will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total. The final result will be announced before trading starts.
 
**Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs hasn't participated in the OtterHome(HOME) investment.

**Attention**
(1) Countries not supported: the United States, 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 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
June 6，2023

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Gate.io Startup Initial Free Offering: OtterHome(HOME)and Announcement of Free Distribution Rules( 240,000,000 HOME free of charge)

Gate.io Startup Initial Free Offering: OtterHome(HOME)and Announcement of Free Distribution Rules( 240,000,000 HOME free of charge)

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