Clipper(SAIL) Startup Free Offering on Gate.io

This SAIL by Clipper (SAIL) 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 SAIL by Clipper (SAIL)

SAIL is the governance token of AdmiralDAO, the DAO behind Clipper. Clipper.exchange is the best place to swap and LP blue-chip crypto assets like ETH, WBTC and USD. It pioneers a novel Formula Market Maker design that delivers better prices and lower gas for traders while eliminating impermanent loss for LPs so that they actually make money. Clipper is the only DEX that consistently achieves above-market returns through a daily rebalancing portfolio of crypto assets.

(The information below is provided by the SAIL by Clipper (SAIL) team. Please follow SAIL by Clipper (SAIL) for more information）

Token Information
Token Name: SAIL by Clipper
Token Symbol: SAIL
Max Supply：1,000,000,000
Token Type: ERC-20
Contract:
ERC-20: https://etherscan.io/token/0xd8F1460044925d2D5c723C7054cd9247027415B7
Token distribution ratio and unlocking rules:
Community: 30%
DAO Treasury: 20%
Protocols & Service Providers: 10%
Shipyard Software: 40%

Website: https://www.admiraldao.xyz/
WhitePaper ：https://docs.clipper.exchange/introduction/what-is-clipper

SAIL by Clipper (SAIL) Startup Sale Rules

(1) Duration: 10:00 am 21st Aug, 2023 - 10:00 am 22nd Aug, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 01:00 pm 22nd Aug, 2023 (UTC)
Trading Pairs: SAIL/USDT
(3) Price: 0 USDT
(4)Startup Supply : 625,000 SAIL
(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.