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VVS Finance(VVS) Startup Free Offering on Gate.io
This VVS Finance (VVS) Startup subscription is a free subscription, and will not deduct the users' participation funds at the end of the event.
Startup Link: https://www.gate.io/startup
Introduction to VVS Finance (VVS)
VVS Finance is the first and largest decentralized exchange using automated market-making (AMM) natively built on the Cronos blockchain. It is designed to be the simplest venue to swap and earn yields at the best available rate.
(The information below is provided by the VVS Finance (VVS) team. Please follow VVS Finance (VVS) for more information)
Token Information
Token Name: VVS Finance
Token Symbol: VVS
Max Supply:100,000,000,000,000
Token Type: CRC20 (Cronos)
Contract:https://cronoscan.com/token/0x2D03bECE6747ADC00E1a131BBA1469C15fD11e03
Token distribution ratio and unlocking rules
Network Security and Maintenance: 13.5%, 100% unlocked at launch
Ecosystem Development:13.5%, 100% unlocked at launch
For Farm and Mine Programs: 30%, no vesting
Traders and Referrers: 2.5%, no vesting
Market Makers: 2.5%, no vesting
Community Wallet for Future Initiatives:15%, unlocked after 12 months since launch
Team: 23%, vested for 4 years, daily vesting
Website: https://vvs.finance/
Whitepaper: https://docs.vvs.finance/litepaper
VVS Finance (VVS) Startup Sale Rules
(1) Duration: 08:00 AM August 24th, 2022 - 08:00 AM August 25th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 11:00 AM August 25th, 2022
Trading Pairs: VVS/USDT
(3) Price: 0 USDT
(4)Startup Supply: 22,023,314,174 VVS
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) 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 shares 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
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(9) 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.
(10) 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.
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