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Amulet Protocol(AMU) Startup Free Offering on Gate.io
This Amulet (AMU) 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 Amulet (AMU)
Amulet is the first Web3 platform that combines investment and insurance, empowering web3 users to earn safely with built-in loss protection.
Amulet is deeply rooted in the Solana ecosystem, with its V1 started as the first and only DeFi insurance protocol on Solana since early 2022. In Amulet V2, it has been upgraded to a one-stop platform to fuse yield and protection. Meanwhile, Amulet has been expanding to the wider Web3 space including Ethereum and its L2s.
Backed by Solana Ventures, Gumi Cryptos, Animoca Brands and other top investors, Amulet’s vision is simple and clear - build a safe space where web3 users of all levels can earn with peace of mind.
(The information below is provided by the Amulet team. Please follow Amulet for more information)
Token Information
Token Name: Amulet
Token Symbol: AMU
Max Supply:1,000,000,000
Token Type: SPL
Contract:
https://solscan.io/token/AMUwxPsqWSd1fbCGzWsrRKDcNoduuWMkdR38qPdit8G8
Token distribution ratio and unlocking rules:
Seed Round 12%: 10% unlock upon token generation event (TGE), 6-month cliff then linear vesting per block over 3 years.
Private Round 8%: (Reserved: this round has not been conducted)
Team & Advisors 15%: 5% unlock upon TGE, 6-month cliff then linear vesting per block over 3 years.
Exchange Listing and Initial Liquidity Provision 5%: Depending on the exchange platform and listing schedules, it may be Launchpad / Launchpool on CEX or IDO on DEX, or a combination of both.
DAO Reserves 15%: Reserved for liquidity provision on exchange listing, strategic partnerships, marketing and long-term development of the platform.
Protocol Risk Fund 20%: Locked up to bootstrap the risk vaults.
Business and Community Incentives 25%: Used for business development incentives such as liquidity mining, loyalty programs, staking rewards, community airdrops, etc.
Website: https://www.amulet.org
WhitePaper :https://docs.amulet.org/amulet-v2/resources/amulet-litepaper
Amulet (AMU) Startup Sale Rules
(1) Duration: 05:00am 22nd January, 2024 - 05:00am 23rd January, 2024 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 09:00am 23rd January, 2024 (UTC)
Trading Pairs: AMU/USDT
(3) Price: 0 USDT
(4)Startup Supply : 2,000,000 AMU
(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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