Ondo Finance(ONDO) Startup Free Offering on Gate.io

$0.9681

7.77%

Listing

This Ondo Finance (ONDO) 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 Ondo Finance (ONDO)

Ondo is the market leader in the RWA space with over $250M between our tokenized US Treasuries (OUSG and USDY) and Flux Finance, an on-chain treasuries lending marketplace governed by the Ondo DAO. We work with institutional partners like Blackrock and Morgan Stanley, we are backed by Founders Fund and Pantera, and our leadership formerly ran Goldman Sachs Digital Assets.

(The information below is provided by the Ondo Finance (ONDO) team. Please follow Ondo Finance (ONDO) for more information）

Token Information
Token Name: Ondo
Token Symbol: ONDO
Max Supply：10,000,000,000
Token Type: ERC-20
Contract:
https://etherscan.io/address/0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3
Token distribution ratio and unlocking rules:
Community Access Sale: 198,884,411, 2.0%, ~90% unlocked at TGE, the rest unlocks within the next 12 months
Ecosystem Growth: 5,210,869,545, 52.1%, vesting over 60 months total
Protocol Development: 3,300,000, 33.0%, cliff period for 12 months, vesting for 60 months total
Private Sales: 1,290,246,044, 12.9%, cliff period for 12 months, vesting for 60 months total

Website:
https://ondo.foundation/
https://ondo.finance/
WhitePaper ：
https://docs.fluxfinance.com/
https://docs.ondo.finance/

Ondo Finance (ONDO) Startup Sale Rules

(1) Duration: 20:00 pm 17th, Jan, 2024 - 08:00 am 18th, Jan, 2024 (UTC)(Orders placed by qualified users within these 12 hours will be treated equally.)
(2) Trading Starts Time: 12:00 pm 18th, Jan, 2024 (UTC)
Trading Pairs: ONDO/USDT
(3) Price: 0 USDT
(4)Startup Supply : 727,273 ONDO
(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.