Decred-Next(DCRN) Startup Free Offering on Gate.io

Gate.io Startup will launch its next project, Decred-Next(DCRN), on July 17th, 2022 at 02:00 AM (UTC).

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

Introduction to Decred-Next(DCRN)

Decred-Next is a new public chain generated by a hard fork after Decred was upgraded to V1.7 due to a disagreement in the community consensus. Decred-Next retains the mixed consensus mechanism of 60% POW, 30% POS and 10% treasury of the original Decred. It has excellent characteristics such as high safety, strong adaptability and sustainable development. Additionally, we plan to implement EVM, sharding, OmniLayer and other features in the future. Compared to the current Decred, Decred-Next will be more efficient, robust, dynamic and competitive.

(The information below is provided by the Decred-Next team. Please follow the website for more information）

Token Information
Token name: Decred-Next
Token symbol: DCRN
Max Supply: 21,000,000 DCRN
Token Type: Mainnet
Token Contract: N/A
Token Distribution and Unlocking Rules:
Current output mechanism:
30% of each block reward goes to PoS users
60% of each block reward goes to PoW users
10% of each block reward is distributed to the account held by the project sponsor
*Innovative long-term airdrop mechanism:
The DCRN airdrop will last for 50 months. 14k DCRN will be airdropped monthly based on the status of DCR holders at DCR block height 660000. Addresses with balances below 0.1DCR will not be airdropped.
266k DCRN will be sent monthly to public addresses for airdrops on major events when the project reaches milestones.
Website: http://dcrn.xyz/
Whitepaper:http://dcrn.xyz/
Token Information: N/A

Decred-Next Startup Sale Rules

(1) Duration: 02:00 AM on July 17th-02:00 AM on July 18th (UTC), 2022(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) To participate in the Startup Sale, VIP 0 users need to hold a minimum of 500 USD worth of assets, and will be offered the contribution share at 1/4 of VIP 1 users’ share; For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
(3) Price: $0;Startup Supply: 8,000 DCRN
(4) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription number) = the square of the VIP level multiplied by 10).
For example:
VIP1 users can subscribe up to 1 * 1 * 10 = 10 shares
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Unlocking Rule: Unlock
(6) Users place orders using USDT.
(7) Users can place orders from 02:00 AM on July 17th-02:00 AM on July 18th (UTC), 2022. Orders placed by qualified users within these 24 hours will be treated equally.
(8) 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.
(9) Each type of currency can only be purchased once with each KYC account.
(10) After 02:00 AM on July 18th (UTC), 2022, 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.
(11) Trading starts time:06:00 AM(UTC) on July 18th, 2022

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