Announcements Gate.io Startup Initial Free Offering: Aark(AARK) and Announcement of Free Distribution Rules( 857,143 AARK free of charge)

Gate.io Startup Initial Free Offering: Aark(AARK) and Announcement of Free Distribution Rules( 857,143 AARK free of charge)

2024-06-07 10:00:04 UTC 12504 Read

AARK/USDT -0.04%

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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 Aark(AARK) 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/1577

<div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/startup/1577" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Click to Subscribe</span></strong></div></a></div>
 
Introduction to Aark(AARK)
Aark is the first-of-its-kind Leverage-Everything Perpetual DEX. From providing high leverages on super-long tail assets on the trading side, Aark enables feeless leverage opportunities for LPs.
From top to bottom, Aark’s architecture, or Aark-itecture, is full of unprecedented innovations. To provide a sustainable leveraging environment, Aark focuses on sound liquidity. The Hyper-Diverse LP enables liquidity provision with any ERC20 tokens, coupled with delta-neutral, single-sided capabilities that have minimum exposure to volatility and asset baskets.
Aark distinguishes itself as the sole platform offering high leverage trading. It prides itself on fully-decentralized design and money lego capabilities, enabling utilization of LST and LRT liquidity. Aark sets itself apart by delivering a professional exchange experience focused on sophisticated order management and execution.
 
(The information below is provided by the Aark(AARK) team. Please follow  Aark(AARK) for more information）
 
Token Information
Token Name:  Aark
Token Symbol: AARK
Max Supply：1,000,000,000
Token Type: Arbitrum
Contract:
https://arbiscan.io/address/0xCa4e51F6AD4AFd9d1068E5899De9dd7d73F3463D
Genesis Incentives：7.2%, 51.4% unlock at TGE, the rest linearly releases for 2 months；
Community Rewards：29.4%, rewards releases for 36 months;
Investors：22.1%, 0% unlock at TGE, 5 months cliff, 10% unlock in month 6, the rest linearly releases for 18 months；
Team: 20%, 0% unlock at TGE, 5 months cliff, 10% unlock in month 6, the rest linearly releases for 24 months；
Ecosystem：16%, vesting through demand within 48 months;
Launchpad(part of Ecosystem)：1%, 10% unlock at TGE, the rest linear releases for 12 months
KOL Round(part of Ecosystem)： 1.875%, 15% unlock at TGE, the rest linear releases for 18 months

Core Contributors：3.4%, 0% unlock at TGE, 5 months cliff, 10% unlock in month 6, the rest linearly releases for 24 months；
Advisors：1.9%, 0% unlock at TGE, 5 months cliff, 10% unlock in month 6, the rest linearly releases for 18 months；

Website: https://aark.digital/ 
WhitePaper ：https://docsend.com/view/ivv4fwbk46bzttn9 
 
Aark(AARK) Startup Sale Rules
(1) Duration: 04:00am 8th June 2024 (UTC) - 04:00am 10th June 2024 (UTC)(Orders placed by qualified users within these 48 hours will be treated equally.)
(2) Trading Starts Time: 8:00am 10th June 2024 (UTC)
Trading Pairs: AARK/USDT
(3) Price: 0 
(4)Startup Supply : 857,143 AARK
(5) Unlock rule: 100% unlock.
(6) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a) Startup Participation Rules for VIP Users:
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.
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
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
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.
(7) 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.
(8) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behavior, and any cheating behavior is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.

**Gate.io Labs Private Sale Participating Disclosure**
Gate.io Labs hasn't participated in the Aark(AARK) investment.

**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
June 7th, 2024

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Gate.io Startup Initial Free Offering: Aark(AARK) and Announcement of Free Distribution Rules( 857,143 AARK free of charge)

Gate.io Startup Initial Free Offering: Aark(AARK) and Announcement of Free Distribution Rules( 857,143 AARK free of charge)

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