BeFi Labs(BEFI) New Listing on Gate.io

This BeFi Labs(BEFI) will only be available for GT subscriptions. Please be aware that the participation users’ funds will not be deducted at the end of this BeFi Labs(BEFI) Subscription.

Introduction to BeFi Labs(BEFI) :

BRC20 Trading Terminal functional with your favorite crypto wallets.

BeFi Labs is connecting Web3 users to the BRC20 ecosystem, enabling the use of MetaMask and alike for trading BRC20 instantly tokens with ZERO fees.

(The information below is provided by the BeFi Labs(BEFI) team. Please follow BeFi Labs(BEFI) for more information)

Token Information

1. Token Name: BeFi Labs
2. Token Symbol: BEFI
3. Max Supply：210.000.000
4. Token Type: ERC 20
5. Smart Contract Address: 0x8b9b95292f890DF47fFf5aC9Cbe93d5fC242bd51
6. Token distribution ratio and unlocking rules:

Seed: 10%, 7% tge, then 2 month cliff, then 12 month linear vesting

Private: 19%, 12% TGE, then 1 month cliff, then 10 months daily linear vesting

IDO: 6%, 15% TGE, then 1 month cliff, then 8 months daily linear vesting

LBP: 10%, 100%TGE

Team: 10%, 12 months cliff, then 18 months linear vesting

Ecosystem Growth: 20%, 2 months cliff, then 72 months linear vesting

Marketing: 15%, 2 months cliff, then 72 months linear vesting

Liquidity and MM: 10%, 50% TGE, then 12 months linear vesting

Website: https://befilabs.com/

Whitepaper: https://docs.befilabs.com/befi-labs/introduction

BeFi Labs(BEFI) Startup Subscription Rules：

(1) Duration: 06:00 AM March 24th, 2024 - 06:00 AM March 25th, 2024 (UTC) (Orders placed by qualified users within these 24 hours will be treated equally)

(2) Trading Starts Time：09:00 AM March 25th, 2024 (UTC)

The Trading Pair: BEFI/USDT

(3) Users can only subscribe by using GT.

(4) Subscription Price: $0 GT(The GT pricing is $7 USDT )

(5)Suscription share: 20GT per share

(6) Startup Total Supply: 600.000 BEFI

(7) Unlock rule: 100% Unlock

(8) Participation Requirement:

When the user subscribes, Gate.io will take the smaller subscription share as the user’s participation share between the VIP level subscription share and the user’s average 14-day GT Holding share.

The GT Holding Maximum Shares (not equal to actual shares subscribed) = (Average 14-day GT balance/20) An integer value shall be adopted. The Subscription limit is 1.500 orders.

The Maximum Shares in VIP is 1500 shares. For the relationship between the VIP level and the maximum subscription allocation, please refer to the link: https://www.gate.io/article/29892

Users with no GT holdings can not participate in the sale.

(8) Announcement of results: After the end of the day’s subscription, the system will count all eligible subscription orders.

(9) 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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