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Gate.io Startup Initial Offering-DAO SHO Project-Yield Protocol (YIELD)

2021-02-22 12:47:13Read:124846

Gate.io has launched Startup, a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make an initial investment.
Gate.io Startup will launch its first DAO SHO project- Yield Protocol sale on February 23rd, 2021 at 4:00 AM UTC.
Startup Link: https://www.gate.io/en/startup/61
1. Introduction to Yield Protocol
Yield Protocol is an open source platform allowing anybody to create and exe-cute yield farming & trading strategies on the Ethereum Defi eco.
Yield Protocol website:https://www.yieldprotocol.org
DAO Maker Website: https://daomaker.com/incubation/yield_protocol


Token Information

Token Type: ERC-20
Total Supply:140,736,000

Token Distribution
SHO: 5.68%
Team:17.86%
Seed Round: 17.05%
Uniswap+LP Incentives: 11.65%
Strategic Round: 18.47%
Staking Rewards: 11.65%
Private Sale:5.97%
Marketing:11.65%

Seed Sale
Price: $0.005875
Lock-up: 30% at the TGE, 1st & 2nd month 20%, 30% the 3rd

Private Sale
Price: $0.00875
Lock-up: 30% at the TGE, 1st & 2nd month 20%, 30% the 3rd

Strategic Round
Price: $0.02125
Lock-up: 40% at the TGE, then 20% for three months

Community Offering (SHO)
Allocation: $200,000
Price: $0.025
Lock-up: 50% at the TGE & 50% the month after
Individual Cap: $500


Important Notice about Gate.io Startup Sale for DAO’S SHO Portion of Yield Protocol:
1. Startup supply: 1.4 Million YIELD, unlocked at TGE
2. Price: $0.025
3. Payment currency: USDG, Lockup currency: DAO
4. Eligible participants: Agree to lock up DAO for a period of 7 days.
5.Token distribution: participants get a proportional amount of YIELD tokens to their share of DAO tokens locked up on Gate.io.
6. YIELD tokens will not be released until Token Generation Event, estimated the first week in March. Users won’t get any YIELD token immediately after the Gate.io startup sale.
7.The startup sale is designed for Protocol Yield’s DAO Maker’s SHO portion.
8.The cryptocurrency market is highly volatile. The project team does not guarantee that token price will not be lower than SHO price. Please invest with caution, and don't invest beyond your financial capacity.

Rules of DAO SHO’s Portion of Yield Protocol Token on Gate.io’s Startup
(1) Order Duration: Feb 23rd 4:00AM – Feb 25th 4:00 AM UTC
(2) To participate in Startup Sale, users will agree to lock up DAO for a period of 7 days.
(3) The price is $0.025 USDG/YIELD
(4) Users can place orders by agreeing to locking up DAO for 7 days
(5) Users can place orders from Feb 23rd 4:00 AM – Feb 25th 4:00 AM UTC. Orders placed by qualified users within these 48 hours will be treated equally.
(6) Users need to ensure that there is sufficient balance of DAO (the full amount you agree to lockup for 7 days) and USDG (amount to pay for YIELD token actually purchased) in accounts for the purchase after placing the orders. An insufficient balance will result in the cancellation of the purchase order.
(7) Each individual can only purchase once with an account passing KYC.
(8) After Feb 25th 4:00 AM UTC, we will collect all the qualified orders and calculate the result and announce the result in 2 hours. USDG to pay for Participant’s YIELD token purchase will be deducted from the participant’s account and the amount of DAO the participant agrees to lockup when placing orders will be locked for 7 days.
Participants will receive a proportional amount of YIELD tokens to their share of DAO tokens locked up on Gate.io at TGE-estimated the first week in March the token generation event.



Attention
(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.

For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.

(2) Risk Warning:
- The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
- Advanced technical and financial knowledge is required to understand, and e valuate the inherent risks of crypto-asset investment.
- The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
- Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.

(3) Requirements for participants
- The participant should register on Gate.io and Log in;
- After logging in, complete user identity verification;
- Deposit a certain amount of cryptocurrencies in your gate.io account;
- Sign the Purchase Agreement on Startup before placing orders.
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.

Gate.io Team
February 22, 2021

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