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Grizzly Honey(GHNY) Startup Free Offering on Gate.io
Confirmed by official representatives.
This Grizzly Honey (GHNY) 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 Grizzly Honey (GHNY)
Grizzly.fi aims to make DeFi accessible for everyone by creating innovative and user orientated financial solutions. With GrizzlyFi you can build a predictable income on your crypto assets despite market conditions. The $GHNY token sits at the core of the entire ecosystem by letting the Stakers profit from the revenue the platform is generating.
(The information below is provided by the Grizzly Honey (GHNY) team. Please follow Grizzly Honey (GHNY) for more information）
Token Name: Grizzly Honey
Token Symbol: GHNY
Max Supply：Unlimited supply
Token Type: BEP20
Token distribution ratio and unlocking rules:
Every 100 GHNY’s minted, 22 tokens are minted additionally and sent to shareholders:
- 100 BASE, minted to distribute rewards to the users.
- 7 tokens go to the Team that built Grizzly.fi. This Reserve will also be used to provide liquidity to exchange listings after launch.
- 6 tokens go into the Marketing & Reserves Pool. The Community will be informed when this wallet does transactions.
- 5.3 tokens are given to the Strategic Partners that helped in the early days of the project.
- 3.7 tokens go to the Advisors that helped with marketing and overcoming technical and legal challenges.
Grizzly Honey（GHNY） Startup Sale Rules
(1) Duration: 10:00AM 29th Sep, 2022 - 10:00AM 30th Sep, 2022 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 13:00 PM 30th Sep, 2022 (UTC)
Trading Pairs: GHNY/USDT
(3) Price: 0 USDT
(4)Startup Supply : 1,460 GHNY
(5) Users purchase using USDT.
(6) Unlock rule: 100% unlock.
(7) To participate in Startup Sale, VIP 0 users need to hold no less than 500 USD worth of Spot Assets in balance, and the number of share will be 1/4 of VIP 1 users’ share;
The higher the VIP tier, the more shares.
For VIP 1 and above, the higher the VIP level the higher the contribution share will be.
Each user can only purchase once with KYC account
(8) Purchase limit: The maximum contribution limit for a single user is 1000 shares; the relationship between the VIP level and the maximum contribution allocation is:
the maximum number of contributions (not the final actual contribution number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(9) 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.
(10) 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. The final result will be announced before trading starts.
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