Announcements Gate.io Startup:Powerloom (POWER) Initial Sale Result & Listing Schedule

Gate.io Startup:Powerloom (POWER) Initial Sale Result & Listing Schedule

2025-01-10 07:15:32 UTC 10902 Read

POWER/USDT + 13.28%

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**1 Powerloom (POWER) Token Subscription & Distribution Result**

The Gate.io Startup Powerloom (POWER) result is as follows:
POWER Startup   Amount: 869,565 POWER
Total value of orders (in GT): 20,944,040 GT
Total value of qualified orders (in GT): 20,676,560 GT
Tokens Per Share：289.855 POWER
Number of orders:79,365
Number of Qualified orders: 60,262
Percentage of qualified orders: 75.93 %
Percentage of succeeded purchases: 98.72 %
Number of participants: 79,365
Number of qualified participants: 60,262

F (distribution ratio) = 0.001277163276383

Per the previous announcement, all qualified orders will have equal chance to obtain the token. To guarantee transparency and fairness, all original records are stored for possible third-party auditing.

**2 POWER Listing**

We will commence POWER trading at Jan 10th, AM 09:00 UTC. The withdrawal service will be available afterwards.

（1）Deposit POWER at: <a href="https://www.gate.io/myaccount/deposit/POWER" target="_blank" title="">https://www.gate.io/myaccount/deposit/POWER</a>

（2）Trade POWER at: <a href="https://www.gate.io/trade/POWER_USDT?ch=ann42515" target="_blank" title="">https://www.gate.io/trade/POWER_USDT</a>

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Gate.io Team
January 10th, 2025

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