Lumerin(LMR) Startup Free Offering on Gate.io

This Lumerin (LMR) Startup contribution is a free contribution, and will not deduct the users' participation funds at the end of the event.

Startup Link: https://www.gate.io/startup

Introduction to Lumerin (LMR)

Lumerin is a routing protocol that makes it simple and easy to control how, when, and why data and communications are routed via smart contracts. Our first use case of the Lumerin Protocol is turning Bitcoin hashpower into a commodity and creating a global, decentralized hashpower marketplace. This marketplace gives miners better access to larger markets for their hashpower and allows others to invest and buy/sell hashpower at reduced risk. This first use case converts Bitcoin hashrate into a marketable, liquid financial commodity, increasing mining profitability and capital availability.

(The information below is provided by the Lumerin (LMR) team. Please follow
Lumerin (LMR) for more information）

Token Information
Token name: Lumerin
Token symbol: LMR
Max Supply：1,000,000,000
Token Type: ERC-20
Contract: 0x4b1D0b9F081468D780Ca1d5d79132b64301085d1
Token distribution ratio and unlocking rules:
Founders: 25%, 0.35% of total supply unlocked at TGE, 6-month cliff, 24 months vested thereafter
Network Porcelain: 5%, 0.2% of total supply unlocked at TGE, monthly vested in 24 months
Community Dev: 5%, 0.2% of total supply unlocked at TGE, monthly vested in 24 months
Pool Loyalty Rewards: 2.6%, monthly vested in 9 years
Liquidity: 6%, monthly vested in 3 months
Partner/Advisor: 4%, 6-month cliff, monthly vested in 24 months
Mineable: 25%, 6-month cliff, mined in 10 years
Seed Round: 15%, 3-month cliff, monthly vested in 12 months
Private Round: 8%, 3-month cliff, monthly vested in 12 months
Public Round: 4.3%, 2% of total supply unlocked at TGE, 1-month cliff monthly vested in 4 months
Strategic Round: 0.1%, 100% unlocked at TGE

Website: https://lumerin.io/
Whitepaper: https://lumerin.io/wp-content/uploads/2021/12/Lumerin-Whitepaper-1.7.pdf?x94002

Lumerin (LMR) Startup Sale Rules

(1) Duration:10:00 AM March 28th, 2022 - 10:00 AM March 29th, 2022 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time:13:00 PM March 29th, 2022 (UTC)
Trading pairs: LMR/USDT LMR/BTC
(3) Price: 0 USDT(Public Sale Price: $0.35)
(4)Startup Supply: 285,714 LMR
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, users will need to be VIP1 and above, can only purchase once with each 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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