Axelar(AXL) Startup Free Offering on Gate.io

This Axelar(WAXL) 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 Axelar(WAXL)

Axelar delivers secure cross-chain communication for Web3. Our infrastructure enables dApp users to interact with any asset or application, on any chain, with one click. Axelar is a blockchain that connects blockchains, enabling universal Web3 interoperability. The network is secured using proof-of-stake consensus, and messages are routed and translated using permissionless protocols. Axelar is like Stripe for Web3.

(The information below is provided by the Axelar(WAXL) team. Please follow Axelar(WAXL) for more information）

Token Information
Token Name: Axelar
Token Symbol: WAXL
Max Supply：1,000,000,000
Token Type: ERC-20
Contract: 0x467719aD09025FcC6cF6F8311755809d45a5E5f3
Token distribution ratio and unlocking rules:
Company-core team 17%: Linear, over four years
Company-operations 12.5%: Linear, over four years
Backers-Seed 13.4%：Linear, over two years
Backers- Series A 12.64%：Linear, over two years
Backers- Series B 3.5%：Linear, over two years
Community sale 5%：Linear, over six years
Community programs 35.96%：Linear, over four years

Website: https://axelar.network/
WhitePaper ： https://axelar.network/axelar_whitepaper.pdf

Axelar(WAXL) Startup Sale Rules

(1) Duration: 07:00am 26th Sep, 2022 - 07:00am 27th Sep, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 09:00am 27th Sep, 2022 (UTC)
Trading Pairs: WAXL/USDT
(3) Price: 0 USDT
(4)Startup Supply : 80,000 WAXL
(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 share 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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