Soil(SOIL) Startup Free Offering on Gate.io

This Soil(SOIL) Startup subscription is a free subscription, and will not deduct the users’ participation funds at the end of event.​​

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

Introduction to Soil(SOIL)

Soil is a fully regulated DeFi protocol that provides secure returns on stablecoins backed by Real-World Assets!

Soil is a blockchain-based lending protocol that bridges the gap between traditional finance and the crypto world, reshaping corporate debt and fixed-income investments.
It is a debt marketplace where established companies can obtain financing, and crypto investors can lend their stablecoins to earn yield derived from Real World Assets that exist off-chain.

(The information below is provided by the Soil(SOIL) team. Please follow Soil(SOIL) for more information）

Token Information
Token Name: Soil
Token Symbol: SOIL
Max Supply：100000000
Token Type: ERC-20
Contract:
https://polygonscan.com/address/0x43C73b90E0C2A355784dCf0Da12f477729b31e77
Token distribution ratio and unlocking rules:
Foundation: 12.5% 6 months cliff then vested in 24 months
Seed round: 2.6% 10% unlock at TGE 6 months cliff then vested in 12 months
Private round: 3.8% 5% unlock at TGE 1 month cliff then vested in 9 months
Public sale: 4.4% 20% unlock at TGE 1 month cliff then vested in 7 months
Marketing partners: 0.7% 15% unlock at TGE 1 month cliff then vested in 7 months
Staking rewards: 15% 2% unlock at TGE then vested in 60 months
Lenders incentives: 12% 3% unlock at TGE then vested in 32 months
Liquidity:5% 50% unlock at TGE then vested in 6 months
Ecosystem: 10% 3 months cliff then vested in 24 months
Treasury: 19% 6 months cliff then vested in 30 months
Team: 15% 12 months cliff then vested in 24 months

Website: https://soil.co/
WhitePaper ：https://docsend.com/view/bvmug7hb67ws3igm

Soil(SOIL) Startup Sale Rules

(1) Duration: 08:00 am October 9th, 2023 - 08:00 am October 10th, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 11:00 am October 10th, 2023 (UTC)
Trading Pairs: SOIL/USDT
(3) Price: 0
(4)Startup Supply : 277,777 SOIL
(5) Unlock rule: 100% unlock.
(6) Startup Participation Rules:
Each user can only purchase once with a KYC account.
a)Startup Participation Rules for VIP Users:
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.
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/article/31899.
(7) 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.
(8) That 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.