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OtterHome(HOME) Startup Free Offering on Gate.io
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This OtterHome(HOME) 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 OtterHome(HOME)
OtterHome is a decentralized finance (DeFi) project built on the Arbitrum Layer2 network, aimed at providing decentralized trading and liquidity provision similar to UniSwap.
(The information below is provided by the OtterHome(HOME) team. Please follow OtterHome(HOME) for more information）
Token Name: OtterHome
Token Symbol: HOME
Token Type: Arbitrum ERC-20
Token distribution ratio and unlocking rules:
IDO: 30% 100% unlock at TGE
Team: 5% 3 months cliff, unlock in 24 months
Institutional investors: 10% 6 months cliff, unlock in 12 months
Staking rewards: 10% 50% unlock at TGE
Launchpad rewards: 10%
Early stage marketing: 5% 100% unlock at TGE
OtterHome(HOME) Startup Sale Rules
(1) Duration: 09:00 am June 12th, 2023 - 09:00 am June 13th, 2023 (UTC)(Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading Starts Time: 12:00 pm June 13th, 2023 (UTC)
Trading Pairs: HOME/USDT
(3) Price: 0 USDT
(4)Startup Supply : 240,000,000 HOME
(5) Unlock rule: 100% unlock.
(6) 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
(7) Purchase limit: The maximum contribution limit for a single user is 1500 shares; the relationship between the VIP level and the maximum contribution allocation, please refer to the link: https://www.gate.io/article/29892
(8) 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.
(9) 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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