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SmarDex(SDEX) Startup Free Offering on Gate.io
Gate.io Startup will launch its next project, SmarDex (SDEX), on September 7th, 2023 at 04:00 AM (UTC).
Startup Link: https://www.gate.io/startup
Introduction to SmarDex (SDEX):
SmarDex is an innovative decentralized exchange developed through two years of research by a team of independent researchers out of EPFL, Europe’s top-ranked university. This groundbreaking technology, supported by a scientific paper, not only minimizes impermanent loss but often creates impermanent gain. SmarDex’s advanced algorithms dynamically adjust liquidity pool ratios, ensuring fair rewards and fostering a balanced ecosystem for liquidity providers.
The platform offers a user-friendly interface, allowing users of all experience levels to efficiently trade. By providing better incentives for liquidity providers and addressing impermanent loss more effectively than competitors, SmarDex paves the way for a more profitable and sustainable decentralized finance experience.
(The information below is provided by the SmarDex (SDEX) team. Please follow the website for more information)
Token Information
Token name: SmarDex
Token symbol: SDEX
Max Supply: 10,000,000,000 SDEX
Token Type: Ethereum
Token Contract:
0x5de8ab7e27f6e7a1fff3e5b337584aa43961beef
Token Distribution and Unlocked Rules:
Liquidity Pools: 50%
100% TGE release
Long-term Farming Yield and Staking Rewards: 50%
Rewards distributed over 10 years
Website: https://smardex.io/
Whitepaper: https://www.academia.edu/98332701/The_SMARDEX_Protocol_A_Novel_Solution_to_Impermanent_Loss_in_Decentralized_Finance
Token Information: https://etherscan.io/token/0x5de8ab7e27f6e7a1fff3e5b337584aa43961beef
SmarDex (SDEX) Startup Sale Rules
(1) Duration: 04:00 AM on September 7th - 04:00 AM on September 8th (UTC), 2023 Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading starts time: 07:00 AM on September 8th (UTC), 2023
(3) Price: $0; Startup Supply: 6,853,186 SDEX
(4) Unlock 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
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/zh/article/31899
(6) 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.
(7) That multiple accounts with the same KYC information when claiming Startup shares will be deemed as cheating behaviour, and any cheating behaviour is prohibited. In case of cheating, Gate.io reserves the right to disqualify the users involved and forfeit their rewards.
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