Fyde(FYDE) Startup Mining Initial Offering on Gate.io

About Gate.io Startup Mining Program

Startup Mining is a platform where users can stake their assets or provide liquidity to earn rewards in new project tokens. Users can lock specified tokens in the Startup Mining pool to receive corresponding project token rewards.

Introduction to "Startup Mining" Project Fyde(FYDE)：

Fyde bridges AI x DeFi by bringing the Liquid Vault archetype to Ethereum. Fyde helps users consistently lock in gains, earn yield, and stay liquid. Liquid Vaults accept a variety of tokens which are automatically distributed across a diverse range of tokens and rising narratives. Gains from winners are locked in, and losses from losers are reduced. Through its AI models, Fyde helps protect against rugpulls and severe downside events, enabling users to grow crypto holdings faster with less volatility.

Fyde(FYDE) Startup Mining Rules

(1) Startup Mining Duration: 08:00 AM on October 5th - 08:00 AM on October 10th (UTC), 2024

(2) Trading starts time: 10:00 AM on October 9th (UTC), 2024

(3) Initial circulation: 8.800.000 FYDE(8.8%)

(4)Startup Mining allocation：1.000.000 FYDE

(5)Total Hourly Rewards：8.333.33 FYDE

(6)Staking Asset：GT

-Hourly Reward Cap Per User: 833.33 FYDE

-Minimum Staking Amount: 0.1 GT

(7) Unlocking Rule: 100% Unlock

(8) Startup Mining Participation Rules:

1) Users can stake GT to earn FYDE.

2) The system will take multiple snapshots of personal staking amounts hourly, and token rewards are distributed to eligible users. Hourly earnings will be distributed into users' spot accounts.

3) Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool

4) Users can increase or redeem the staked assets at any time during the staking period.

(The information below is provided by the Fyde(FYDE) team. Please follow the website for more information)

Token Information

Token name: Fyde

Token symbol: FYDE

Max Supply: 100.000.000

Token Type: ERC-20

Token Contract: https://etherscan.io/token/0x8a462e6a0051d006e33152fbeadfb9a14198de30

Token Distribution and Unlocked Rules:

-Investors: 19.3% 19.333.333. TGE unlock 3.5%, 12 months cliff, 24 months vesting

-Founders/Team: 12.5%, 12.500.000. TGE unlock 2.0%, 12 months cliff, 24 months vesting

-Developers: 10.0%,10.000.000. TGE unlock 2.0%, 12 months cliff, 24 months vesting

-Advisors: 2.0%, 2.000.000. TGE unlock 2.0%, 12 months cliff, 24 months vesting

-Treasury: 51.2%, 51.166.667. TGE unlock 10.0%, 12 months cliff, 60 months vesting

-Partnerships/Exchanges: 5.0%, 5.000.000. TGE unlock 50.0%, 12 months cliff, 24 months vesting

Website: http://www.fyde.fi

Whitepaper: https://docs.fyde.fi/

Token Information:https://etherscan.io/token/0x8a462e6a0051d006e33152fbeadfb9a14198de30

Gate.io Labs Investment Participating Disclosure

Gate.io Labs hasn't participated in the Fyde(FYDE) investment.

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