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Gate.io Startup Initial Offering Lemond(LEMD)

2021-04-15 22:49:46Read:251576

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.

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

Introduction to Lemond
Lemond is a decentralized, open-source, autonomous non-custodial liquidity market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion.
Lemond is a Protocol initialized on OKExChain with lower gas cost and higher efficiency. Besides the basic loan function, Lemond would bring more in the following steps, all is aiming for a Juicy DeFi environment.
(The information below is provided by the Lemond team. Please follow Lemond for more information)

Token Information
Token name: Lemond
Token symbol: LEMD
Max Supply: 1,000,000,000 LEMD
Token Type: OKExChain & ERC20
Contract: 0xf45f6c8bB3d77eA762175b8f7ca4D251941649fA
Token distribution ratio and unlocking rules:
Total Supply: 1,000,000,000
60% Loan Mining + Liquidity Mining
15% DAO Governance
5% Seed Round Investment
10% Strategic Investment
3% Team Incentive
2% Advisor
1% Public Circulation on Exchange
4% Eco-incentive + Initial
52,000,000 LEMD: 20% of LEMD to be distributed upon the exchange’s public issuance; 20% every month after the public issuance with an exception of no LEMD being distributed 1 month after the public issuance.
100,000,000 LEMD: 30% of LEMD to be distributed upon the exchange’s public issuance ; 30% of LEMD to be distributed upon the second month after the public issuance. 40% of LEMD to be distributed upon the third month after the public issuance.
Website:https://www.lemond.money/
White Paper:https://github.com/Lemond-finance/doc/blob/main/Lemond%20BP.pdf

Lemond Startup Sale Rules
(1) Duration: 04:00 21th April, 2021 - 02:00 22th April, 2021 (UTC)(Orders placed by qualified users within these 22 hours will be treated equally.)
(2) Trading starts time: 12:00 22th April, 2021 (UTC)
(3) Price: $0.03
(4)Startup Supply :3,333,333 LEMD
(5) Users purchase using USDT.
(6) To participate in Startup Sale, users will need to be VIP1 and above,can only purchase once with each KYC account.
(7) Purchase limit: The maximum sub-scrip-tion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum sub-scrip-tion allocation is:
the maximum number of sub-scrip-tions (not the final actual subion 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
(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) After 02:00 22th April, 2021(UTC), 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 two hours later 04:00 22th April, 2021(UTC)

Gate.Io Labs participates in the investment of Lemond

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
April 15, 2021

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