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NAVI Protocol(NAVX) Startup Free Offering on Gate.io
Gate.io Startup will launch its next project, NAVI Protocol(NAVX) , on February 7th, 2024 at 06:00 AM (UTC).
Startup Link: https://www.gate.io/startup
Introduction to NAVI Protocol(NAVX) :
NAVI is the first Native One-Stop Liquidity Protocol on Sui. It enables users to participate as liquidity providers or borrowers within the Sui Ecosystem,The protocol’s innovative features, such as Automatic Leverage Vaults and Isolation Mode, enable users to leverage their assets and access novel trading opportunities with minimized risks. NAVI’s design provides support for digital assets at different risk levels, while its advanced security features ensure the protection of user funds and the mitigation of systemic risks.
(The information below is provided by the NAVI Protocol(NAVX) team. Please follow the website for more information)
Token Information
Token name: NAVX Token
Token symbol: NAVX
Max Supply: 1,000,000,000 NAVX
Token Type: SUI
Token Contract: 0xa99b8952d4f7d947ea77fe0ecdcc9e5fc0bcab2841d6e2a5aa00c3044e5544b5::navx::NAVX
Token Distribution and Unlocked Rules:
*Team: 20%
8 months cliff, 2 years monthly vesting
*Investor/advisors: 16%
6 months cliff, 1.5 years monthly vesting
*Ecosystem/airdrop: 45.8%
TGE: 1.1%, 3 years monthly vesting
*Treasury: 10%
TGE: 14%, 2 years weekly vesting
*Marketing: 3%
TGE: 10%, 1.5 years monthly vesting
*Public Sale: 1.2%
TGE: 100%
Liquidity Provision: 4%
TGE: 100%
Website: http://www.naviprotocol.io
Whitepaper: https://naviprotocol.gitbook.io/navi-protocol-docs
Token Information:
https://suiscan.xyz/mainnet/coin/0xa99b8952d4f7d947ea77fe0ecdcc9e5fc0bcab2841d6e2a5aa00c3044e5544b5::navx::NAVX/txs
NAVI Protocol(NAVX) Startup Sale Rules
(1) Duration: 06:00 AM on February 7th - 10:00 AM on February 7th (UTC), 2024 Orders placed by qualified users within these 4 hours will be treated equally.)
(2) Trading starts time: 01:00 PM on February 7th (UTC), 2024
(3) Price: $0; Startup Supply: 1,000,000 NAVX
(4) Unlocking Rule: 100% Unlock
(5) Startup Participation Rules:
Each user can only purchase once with KYC account.
a) Startup Participation Rules for VIP Users:
1.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.
2.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
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
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
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