Auction Light(ACL) New Listing on gate.io

According to gate.io's official announcement, Auction Light (ACL) is soon going to be listed on the gate.io crypto exchange.

Auction Light Listing Schedule

• Trading starts time: 09:00 AM July 24th, 2024 (UTC) (Trading pair: ACL/USDT)

About Auction Light

Auction Light is an auction-based NFT marketplace that aims to increase NFT market efficiency through using auction mechanisms and gas-free transactions. As the NFT market shifts towards small-value NFT, gas fee takes a higher portion of the transaction cost. Our platform solves the emerging pain point for active NFT traders, users only need to sign a message to place trades on NFT, resulting in better execution price and less gas fee paid.

Auction Light Token Distribution

• Borrow & Lending Incentive: 30% Linearly vested over 36 months (60,000,000,000 ACL)
• Retroactive Airdrop: 2% Unlocked at TGE (4,000,000,000 ACL)
• Token LP: 13% 20% unlocked at TGE, 80% linearly vested over 36 months (26,000,000,000 ACL)
• Initial Liquidity Offering: 5% Unlocked at TGE (10,000,000,000 ACL)
• Token Vesting Incentives: 10% Linearly vested over 36 months (20,000,000,000 ACL)
• Treasury: 10% 20% unlocked at TGE，80% linearly vested over 36 months (20,000,000,000 ACL)
• Founding Team: 15% Linearly vested over 30 months, 6 months cliff (30,000,000,000 ACL)
• Seed Investors: 15% Linearly vested over 30 months, 6 months cliff (30,000,000,000 ACL)

Further Information on Auction Light

• Official Website: https://app.auctionlight.io/
• X (Twitter): https://x.com/AuctionLight
• Community Chat: https://t.me/AuctionL_Official
• Medium: https://medium.com/@Auction_Light
• Contract Address (Ethereum): 0x15C12530382E8653904e81B8aad7ffdEF55b0256

For comprehensive insights and strategies on Auction Light (ACL) trading, delve into our detailed guide at Auction Light Price Overview

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