Kinetix Finance(KAI) Startup Free Offering on Gate.io

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 Kinetix Finance(KAI1) 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/1599

Introduction to Kinetix Finance(KAI1) :

Kinetix is an AI-powered DeFi hub building out the next generation of mass market DeFi. Kinetix users are able to take on up to 100x leverage on cryptocurrencies, forex and commodities, swap, make cross-chain swaps, provide liquidity to multiple pools, use multiple bridges, farm, perform on/off ramps and more. The recent AI integration has leveled up the user experience, featuring access to an AI co-pilot, which is live now.

(The information below is provided by the Kinetix Finance(KAI1) team. Please follow Kinetix Finance(KAI1) for more information)

Token Information

1. Token Name: Kinetix Finance
2. Token Symbol: KAI1
3. Max Supply: 1.000.000.000
4. Token Type: ETH & KAVA
5. Smart Contract Address:
6. ETH Mainnet: https://etherscan.io/address/0x0bbcefa5f3630cae34842cb9d9b36bc0d4257a0d
7. Kava EVM: https://kavascan.com/token/0x52369B1539EA8F4e1eadEEF18D85462Dcf9a3658
8. Token distribution ratio and unlocking rules:

Market Makers: 4%, 100% unlocked at TGE

Private: 2.5%, 25% unlocked at TGE, cliff 1 month, vesting for 12 months

Seed: 6%, cliff 6 months, vesting for 36 months

Foundation/Treasury: 15.33%, vesting for 48 months

Team + Advisors: 16.5%, cliff 6 months, vesting for 36 months

Marketing: 10%, vesting for 36 months

Airdrop: 3%, 100% unlocked shortly after TGE

Public: 4.83%, 25% unlocked at TGE, cliff 1 month, vesting for 12 months

KOLs: 1.83%, 25% unlocked at TGE, vesting for 10 months

Community incentives: 32%, vesting for 60 months

pKFI: 4%, 25% unlocked at TGE, vesting for 12 months

Website: https://kinetix.finance

Whitepaper: https://res.cloudinary.com/kinetix/image/upload/v1715022929/website-assets/KAI-Kinetix-Litepaper_zqegjn.pdf

Kinetix Finance(KAI1) Startup Subscription Rules：

(1) Duration: 06:00 AM June 18th, 2024- 06:00AM June 20th, 2024 (UTC) (Orders placed by qualified users within these 48 hours will be treated equally)

(2) Trading Starts Time：10:00AM June 20th, 2024 (UTC)

The Trading Pair: KAI1/USDT

(3) Price: 0 USDT

(4) Startup Total Supply: 1.666.667 KAI1

(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.

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