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DerpDex(DERP) Startup Free Offering on Gate.io
This DerpDex(DERP) 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 DerpDex(DERP)
DerpDex.com aims to be the leading concentrated liquidity DeX with an all-in-1 DeFi ecosystem on L2 zkSync, Base chain, opBNB & more L2 network, that provides superior performance for both traders, liquidity providers and new project launches with all-in-1 DeFi infrastructure tools. "Meme-DEX ecosystem"
(The information below is provided by the DerpDex(DERP) team. Please follow DerpDex(DERP) for more information)
Token Information
Token Name: DERP
Token Symbol: DERP
Max Supply:100 trillion
Token Type: ERC-20
Contract: https://etherscan.io/token/0x5dfc78c4d073fd343bc6661668948178522a0de5
Token distribution ratio and unlocking rules:
Initial DEX LP:1%
Liquidity requirements:7%
Ecosystem: Incentives, referral & airdrops:48% 96 days vesting for early users, community and LPs
Foundation reserve:1%
Angel investors:9% 10% TGE, 2yr linear vesting (with 30d cliff)
Private sale:2% 30% TGE, 2yr linear vesting (with 30d cliff)
Public sale:2% 30% TGE, 3mths linear vesting (with 30d cliff)
DAO: Emission incentives:20%
Core team:8% 2 years linear vesting with DERP (with 30d cliff)
Advisors:2% 2 years linear vesting with DERP (with 30d cliff)
Website: https://derpdex.com/
WhitePaper :https://derpdex.gitbook.io/home/
DerpDex(DERP) Startup Sale Rules
(1) Duration: 08:00 am Nov 20th, 2023 - 08:00 am Nov 21st, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 12:00 pm Nov 21st, 2023 (UTC)
Trading Pairs: DERP/USDT
(3) Price: 0 USDT
(4)Startup Supply : 500,000,000,000 DERP
(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
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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