Raft(RAFT) Startup Free Offering on Gate.io

This Raft(RAFT) 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 Raft(RAFT)

Raft enables the generation of R, a leading decentralized USD stablecoin, by opening a CDP (collateralized debt position), or by depositing stablecoins into the Raft protocol reserve.

(The information below is provided by the Raft(RAFT) team. Please follow Raft(RAFT)for more information）

Token Information
Token Name: Raft
Token Symbol: RAFT
Max Supply: 2,500,000,000
Token Type: ERC20
Contract:
https://etherscan.io/token/0x4c5cb5d87709387f8821709f7a6664f00dcf0c93

Token distribution ratio and unlocking rules:
Investors: 25.91%, 2 years vesting with 1 year cliff
Ecosystem & Incentives: 21.43%, linear vesting over 2 years
Team & Advisors: 19.16%, 2 years vesting with 1 year cliff
Community: 16.00%, linear vesting over 2 years
Treasury: 15.00%, unlocked
CEX market making: 2.50%, unlocked

Website: https://www.raft.fi/
WhitePaper ：https://docs.raft.fi/

Raft(RAFT) Startup Sale Rules

(1) Duration: 09:00 AM 10th Oct, 2023 - 09:00 AM 11th Oct, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 12:00 PM 11th Oct, 2023 (UTC)
Trading Pairs: RAFT/USDT
(3) Price: 0 USDT
(4)Startup Supply : 4,000,000 RAFT
(5) Users purchase using USDT
(6) Unlock rule: 100% unlock.
(7) Startup Participation Rules:
Each user can only purchase once with a 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 .
(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.

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