PolyTrade Token (TRADE) IEO subscription now Live on Gate.io
This Polytrade(TRADE) Startup subion is a free subion, and will not deduct the users’ participation funds in the end of event.
Startup Link: https://www.gate.io/startup
Introduction to Polytrade (TRADE)
POLYTRADE is a blockchain-based decentralized protocol that aims to transform receivables financing & connect buyers, sellers, insurers, & investors for a seamless trading experience. The global DeFi market worth is increasing in trillions with a large number of total value locked in it every day. Polytrade will harness the massive liquidity pool of the crypto world by tokenizing real-world invoices and bringing them on-chain into the DeFi space.
(The information below is provided by the Polytrade(TRADE) team. Please follow Polytrade(TRADE) for more information）
Token Information
Token name: Polytrade
Token symbol: TRADE
Max Supply：100,000,000
Token Type: ERC20
Contract: 0x6e5970dbd6fc7eb1f29c6d2edf2bc4c36124c0c1
Token distribution ratio and unlocking rules:
Community Incentivization (Current & Future): 39.42% 40% first year and remaining quarterly release over next 4 years
Team: 17.00% Release quarterly over 3 years, starting from year 2
Eco partners & Advisors: 4% Release quarterly over 3 years, starting from year 2
Public round: 1.33% Fully unlocking
Private round: 7.5% 15% day 1, weekly release linearly over 1 year
Strategic Round: 3.25% 1 month cliff, weekly release linearly over 1 year
Seed round: 7.5% 3 month cliff, weekly release linearly over 1.5 year
Marketing & Eco/LP rewards： 20% 40% first year and remaining monthly release over next 4 years
Website: https://polytrade.finance/
WhitePaper: https://polytrade.finance/whitepaper.pdf
Polytrade Startup Sale Rules
(1) Duration: 1:00PM 16th August 2021 -1:00 PM 17th August 2021 (Orders placed by qualified users within these 24 hours will be treated equally.)
(2) Trading pairs: TRADE/USDT
(3) Price: 0 USDT(Public price:$0.15)
(4) Startup Supply : 333,333 TRADE
(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) 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 at 2:00AM 18th August, 2021(UTC).
Gate.io Labs Private Sale Participating Disclosure
Gate.io Labs participated in thePolytrade(TRADE) investment.
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