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Gate.io Startup Initial Offering: ETHA Lend (ETHA)

2021-03-03 17:40:09Read:109346

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 next project with ETHA Lend on March 5th, 2021 at 6:00 AM UTC.

Startup Link: https://www.gateio.ch/startup

1. Introduction to ETHA Lend
ETHA Lend is a chain agnostic yield optimization protocol powered by Ethereum andPolkadot. The algorithm uses multiple data points such as current gas cost, moving averages of the yield, and the supplied budget of an asset, to attain the optimum value and return on investment, utilizing optimization techniques. The protocol is composable and can integrate any yield aggregator or liquidity protocol to provide cost-efficient yield.

Click here to check out more: https://www.gate.io/en/startup/66

2.Token Information
(The information below is provided by ETHA Lend team. Please follow ETHA Lend to learn more)
Token name:ETHA Lend
Token symbol:ETHA
Supply :30,000,000 ETHA
Initial Circulation Supply: 12%
Token Type: ERC20
Smart Contract: 0x59e9261255644c411afdd00bd89162d09d862e38

Token allocation
Seed: 10%
Private:18%
Public:2%
Team:15%
Eco Fund:30%
Minable Allocation: 25%

Prices of Private Token Sales
Seed Round: 0.1 USDT / ETHA
Private Round: 0.25 USDT / ETHA
Public Round:1 USDT/ETHA

Token use case:
The ETHA token is an ERC-20 token, that will give its holder on-chain voting rights for protocol parameters, amendments, upgrades, as well as granting them at a later stage shares of the protocol fees. Furthermore, it can be used to mine additional tokens by providing liquidity.

website: https://www.ethalend.org/


3. ETHA Startup Sales Rules

(1) Duration: 6:00 AM - 12:00 AM UTC, March 5th, 2021 (Orders placed by qualified users within these 6 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: $1 , Startup Supply :200,000 ETHA
(4) Purchase limit: The maximum individual purchase limit will be 5,000 ETHA( about $5000).
(5) Users place orders using USDT
(6) Users can place orders from 6:00AM - 12:00 AM UTC, March 5th . Orders placed by qualified users within these 6 hours will be treated equally.
(7) 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.
(8) Each type of currency can only purchase once with each KYC account.
(9) After 12:00 AM UTC, we will collect all the qualified orders and calculate the tokens distribution according to the ratio of the individual purchase orders to the purchase orders in total. The final result will be announced two hours later at 14:00 PM UTC, March 5th, 2021.
(10) Trading starts : March 8th 12:00 PM UTC
(11) Deposits opens: March 8th, 11:30 PM UTC


Gate.io Labs Private Sale Participating Disclosure
Price: $0.25

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 project team does not guarantee that token price will not be lower than its startup sale price. Please invest with caution, and don't invest beyond your financial capacity.
- 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 Team
March 3, 2021

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