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Lynex(LYNX) Startup Free Offering on Gate.io
This Lynex(LYNX) 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 Lynex(LYNX)
Lynex, an LST-centric DEX and liquidity marketplace on the Linea Blockchain, makes advanced liquidity strategies accessible to all users with its competitive array of automated liquidity managers (ALMs), ensuring optimal returns and minimal impermanent loss.
(The information below is provided by the Lynex(LYNX) team. Please follow Lynex(LYNX) for more information)
Token Information
Token Name: Lynex
Token Symbol: LYNX
Max Supply:100,000,000
Token Type: Linea
Contract:
https://lineascan.build/token/0x1a51b19CE03dbE0Cb44C1528E34a7EDD7771E9Af
Token distribution ratio and unlocking rules:
3% Seed: 10% at TGE, 6 months cliff, then 30% on month 6 - 30% on month 12 and 30% on month 24
8.5% Private: 10% at TGE, 6 months cliff, then 30% on month 6 - 30% on month 12 and 30% on month 24
2.5% Strategic / KOL: 10% at TGE, 1 month cliff 6 month linear
11% Public sale: 20% at TGE, then 20% per month
10% Community Airdrop: 10% at week 1, 6 months cliff, then 30% on month 6 - 30% on month 12 and 30% on month 24
8% Pre-mining Campaign: 50% on Week - 2 50% 24 months lock
2% Marketing: 100% 2 months
3% Advisors: 10% at TGE, 6 months cliff, then 30% on month 6 - 30% on month 12 and 30% on month 24
12% Protocol Airdrop: Perma-locked in veLYNX
18% Team: 10% at 1 month - 90% 24 months lock
4% Ecosystem: 60% at 1 month, then 4 months linear
15% Treasury: 10% at 1 month - then 24 months veLYNX lock
3% Liquidity: 100% TGE
Website: https://www.lynex.fi/
Whitepaper : https://lynexfi.gitbook.io/lynexfi/
Lynex(LYNX) Startup Sale Rules
(1) Duration: 04:30am 15th February, 2024 (UTC) - 08:00am 15th February, 2024 (UTC)(Orders placed by qualified users within these 3.5 hours will be treated equally.)
(2) Trading Starts Time: 12:00pm 15th February, 2024 (UTC)
Trading Pairs: LYNX/USDT
(3) Price: 0 USDT
(4)Startup Supply : 333,333.333 LYNX
(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
The actual share per user will receive is calculated according to the VIP Level at the time of subscription, and it’s necessary to ensure that the VIP Level of the account shall not downgrade from the VIP Level at the time of subscription before receiving the tokens.
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.
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