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Origin Dollar Governance(OGV) Startup Free Offering on Gate.io
Gate.io Startup will launch its next project, Origin Dollar Governance(OGV) , on July 12th 2022 at 08:00 AM (UTC).
Startup Link: https://www.gate.io/startup
Introduction to Origin Dollar Governance(OGV)
OGV is the governance and value accrual token for Origin Dollar (OUSD) which is the first stablecoin that earns a yield while it’s still in your wallet.
(The information below is provided by the team. Please follow the website for more information)
Token Information
Token name: Origin Dollar Governance
Token symbol: OGV
Max Supply: 5,000,000,000 OGV
Token Type: ERC-20
Token Contract:0x9c354503C38481a7A7a51629142963F98eCC12D0
Token Distribution and Unlocking Rules:
*PreLaunch Liquidity Mining Campaign: 1.25%
*DAO Reserve: 18.75%
*Future Contributors: 10%
*Future Liquidity Mining: 25%
*OUSD Holders: 10%
*Early Contributors: 10%
*Airdrop to OGN Holders:25%
Website:https://ousd.com/
Whitepaper:https://www.originprotocol.com/en/litepaper
Token Information: https://etherscan.io/token/0x9c354503C38481a7A7a51629142963F98eCC12D0
Origin Dollar Governance(OGV) Startup Sale Rules
(1) Duration: 08:00 AM on July 12th-10:00 AM on July 12th (UTC), 2022 (Orders placed by qualified users within these 2 hours will be treated equally.)
(2) To participate in the Startup Sale, users will need to be VIP0 and above.
(3) Price: $0; Startup Supply: 2,500,000OGV
(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 08:00 AM on July 12th-10:00 AM on July 12th (UTC), 2022. Orders placed by qualified users within these 2 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 10:00 AM on July 12th(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: 12:00 PM(UTC) on July 12th, 2022
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