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Gate.io Listing Vote #18 – Akropolis VS The Force Protocol

2020-08-25 09:36:47Read:40008

Gate.io is a trading platform that does not charge listing fees, only launches quality projects, and provides users with a variety of blockchain assets trading services. To involve a higher amount of users in the process of expanding our list of coins, Gate.io has implemented a new feature called "listing vote", offering even more opportunities to launch high-quality projects.

In each listing vote, participants can vote for two quality projects. The project with the majority of the votes will get the chance to be listed on Gate.io at the first place. And its counterpart project will also get listed at a later period following the winner's listing. All voters, regardless of which project they voted for, can win an airdrop of the tokens of the two projects according to the ratio of the votes they contributed in total.

Currently, we have introduced a new listing vote scheme where voters participating in each vote have to pay a bit USDT for the airdrop benefit. The USDT amount deducted from voters will be used to buy back and burn GT. The voting price required by voters will be presented on the voting page and the money will be deducted within two hours after the vote. Voters should make sure the USDT balance is sufficient on their account, or they might fail to claim their airdrop.

1. Duration: 02:00 AM GMT August 25th, 2020 – 04:00 AM GMT August 26th, 2020

2. Airdrop Amount:
(1)If Akropolis becomes the winner, the trading service of AKRO will be available on Gate.io at the first place. Voters can share a 778,210.12 AKRO airdrop and a 685,871.06 FOR airdrop as per the Listing Vote Scheme.
(2)If The Force Protocol becomes the winner, the trading service of FOR will be available on Gate.io at the first place. Voters can share a 778,210.12 AKRO airdrop and a 685,871.06 FOR airdrop as per the Listing Vote Scheme.

3. Participate in the Listing Vote at: https://www.gate.io/poll/votelist/39

Deposit AKRO at https://www.gate.io/myaccount/deposit/AKRO
Deposit FOR at https://www.gate.io/myaccount/deposit/FOR

Introduction to Akropolis



1. Project Introduction
Akropolis mission is to give people the tools to save, grow and provision for the future safely and without dependence on geography, central counterparty, or falling prey to predatorial financial practices of multiple intermediaries. Akropolis has built Akropolis OS, light & modular framework for creating for-profit DAOs, with custom is able user incentives & automated liquidity provision. Our first product built on Akropolis OS is Sparta, it allows taking under collateralized loans as well as to passively earn yield from different DeFi protocols. Another product is Delphi, a pool which allows uting automatic dollar-cost averaging into BTC&ETH and participating in yield harvesting opportunities.

Official website: https://akropolis.io/
Link to Whitepaper: https://wiki.akropolis.io/wp2019/

2. Token Information
AKRO is similar to MKR (MakerDAO) and COMP (Compound). It is a governance token and issued for voting for protocol parameters, as well as for liquidity incentivization. More on it below: Token holders can participate in the governance (soon to be launched)-vote on changes in the protocol parameters-bonding curve shape, collateralization level, minimum and maximum thresholds for loan APRs, etc. Liquidity mining incentives-part of TTS is allocated to liquidity mining and will be distributed to product users throughout the course of 2 years.

(1) Token Symbol: AKRO

(2) Total Supply: 4,000,000,000 AKRO

(3) Current Circ. Supply (on 16.08.2020): 1,992,500,000 AKRO

(4) Token Allocation
Huobi Prime Offering: 8%
Team & Advisors: 9.5%
Pre-sale: 22.5%
Marketing & Community: 14%
Foundation (part of which goes to liquidity mining initiatives): 46%

(5) Token Release Schedule
Huobi Prime Offering (8%): immediate release
Foundation (3.5): released at Huobi Prime Offering

(6) Token Price
Pre-sale: $0.014 USD
Huobi Prime round I: $0.005 USD
Huobi Prime round II: $0.008125 USD
(7) Inflation Rules
None

Introduction to The Force Protocol



1. Project Introduction
The Force Protocol, strategically invested by more than 20 well-known institutions including AlphaCoin Fund, Zonff Capital, Consensus Lab, Collinstar Capital, and 8 Decimal Capital, is a decentralized finance (DeFi) service protocol project built on blockchain s and is comprised of a set of DeFi technical components and tokenized protocols. The Force Protocol is committed to providing inclusive, innovative, secure and programmable crypto open financial services to users around the world.


Official website: https://www.theforceprotocol.com
Link to Whitepaper: https://www.theforceprotocol.com/theforceprotocol_whitepaper_en.pdf

2. Token Information
The Force Protocol transfers the power of community autonomy to FOR holders as much as possible through the governance token FOR, and promotes the realization of decentralized governance. Currently, the management use cases of FOR are as follows: participate in ForTube Bond Rating Voting; participate in the Stability Adjustment of QIAN; participate in QIAN's Global Debt Auction; participate in the Governance of ForTube.FOR holders govern the ForTube platform through voting, and the key variables in ForTube Bond, ForTube Bank, and QIAN can be modified and adjusted according to selected proposals.

(1) Token Symbol: FOR

(2) Total Supply: 1,000,000,000

(3) Current Circ. Supply: 350,000,000

(4) Token Allocation
Community eco construction: 30%
The Force Protocol Foundation: 25%
Strategic investors & community donation: 30%
The Force Protocol founder team & ForTube development team: 15%

(5) Token Release Schedule
The tokens for the team will be locked for 3 years, then the contract will release 30% of the tokens 12 months after the initial public trading, a further 30% after 24 months, and 40% after 36 months. At present, FOR can be obtained through exchanges and campaigns such as yield farming.


(6) Token Price
Private sale: $0.03 USD
IEO: $0.02 USD


(7) Inflation Rules
The total supply of FOR is 1 billion and is fixed.

Gate.io Listing Vote Scheme (with GT buyback and burn included)



1.Participants: all the GT holders on Gate.io 1 GT=1 vote

2.Vote allocation: For every participant, their vote equals the average 14-day GT holding (including assets in Lending/Borrowing Market, and the GT bought with USDT borrowed from Margin Trading; however, GT borrowed from Margin Trading is not allowed). The user’s votes will be calculated based on the average 14-day GT holding within two hours after the listing vote. Thus, please don't make any changes to your GT holding before the counting of the votes.

For example, Bob is a new GT holder, and he buys and holds 14000GT one day before the sale. Therefore, his average 14-day GT holding will be 1000GT (14000GT/14 days), and he will have 1000 votes.

3. Every KYC participant can only vote with his GT and for one of the projects.

4. When the vote begins, the voting prices of both project will be presented on the voting page; once the voter confirms his vote, he has to pay based on the airdrop amount he wins, and the money will be automatically deducted within two hours after the vote. Voters should make sure the USDT balance is sufficient on their account, or they might fail to claim their airdrop benefit.

5. In each listing vote, the project that gets the most votes, wins; the winner will be the project, which has more supporters, if both projects get the same number of votes.

6. After the listing vote, all voters will be rewarded with an airdrop of the tokens of the two projects. Meanwhile, Gate.io will enable the trading service of the winning project on the day the vote ends; and the trading service of the project that fails in the vote will be enabled one day later.

7. Airdrop reward and voting cost:
1) Airdrop token: The tokens of both projects would be airdropped after the vote.

For example, there are project A and project B competing against each other during the vote campaign. User X supports project A, and User Y supports project B. After the vote, User X and User Y are eligible to win an airdrop of the tokens of the two projects, and they have to pay a bit of USDT for the airdrop benefit.

2) Airdrop reward: After this listing vote, the tokens of the two projects will be airdropped. All voters will win the token regardless of which project they voted for. The airdrop of the tokens will be ratioed according to how many votes of the voter account for the votes in total. The airdrop amount each voter can obtain for each project is calculated as follows:
Votes casted by the voter for the project÷total votes received by both projects×airdrop amount of the project

3) Amount deduction: After each vote, Gate.io will calculate the airdrop amount each voter wins for each project, and automatically make a deduction (in USDT) based on the following formula:
Airdrop amount each voter wins for the project×vote price of the project token

8. The GT buyback and burning would be applied to our Listing Vote campaigns from now on. Gate.io is adopting this approach as part of its efforts to facilitate the value of GT; all USDT made from the deductions will be used to buy back and burn GT.

9. Attention:

(1)Cheating: Gate.io will cancel the votes of an account if any cheating is detected or reported by other users and confirmed. The account will no longer be qualified for the listing vote if more than three cheating records have been registered.

Gate.io reserves the final right to interpret this activity.

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Gate.io
Aug 25, 2020

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