PK

PK

  • project logo

    Kava

    Kava is a decentralized and cross-chain CDP _Collateralized Debt Position_ platform that allows users to collateralize their favorite assets...
    Details

    43,918,081

    votes

    2405 supporters

  • project logo

    Reserve Protocol

    Reserve Protocol is a decentralized stablecoin _ that scales supply with demand and is built to maintain 100% or more on-chain collateral ba...
    Details

    376,467

    votes

    38 supporters

  • Ends in
    Votes displayed two hours after voting started
  • Kava: 43,918,081 votes

  • Reserve Protocol: 376,467 votes

Campaign Instruction

1. Time: UTC 04:00,March 2nd - UTC 04:00 March 3rd, 2020

2. Airdrop Amount:
1)If KAVA becomes the winner, the trading service of KAVA will be available on Gate.io. Each voter has a chance about 20% of receiving 55,249.5 KAVA worth of about $50K airdrop as per the Listing Vote Scheme.

(2)If Reserve Protocol becomes the winner, the trading service of HBAR will be available on Gate.io. Each voter has a chance about 20% of receiving 7,812,600 RSR and 25,000 RSV worth of about $50K in total airdrop as per the Listing Vote Scheme.

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

4.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.

5.Every real-name participant can only vote with his GT and for one of the projects.

6.In each listing vote, the project that gets the most votes, wins_ the winner will be the project which has more supporters, depending on the "vote allocation" as mentioned in point 2. After the listing vote, the trading of the winning token will be available on Gate.io.

7.After the listing vote, all voters have a chance to win an airdrop of the project token through lottery. Meanwhile, the time for trading, withdrawal and deposit of the token will be released.

8.The return of GT and holding requirements: after the listing vote, the voters GT will be returned to his account. The GT holding of the voter should be higher than the number of his votes within two hours after the activity. Otherwise, the number of the votes will be counted based on the real-time GT holding when the vote counting begins.

9.Rewards in the Listing Vote:

(1)Among the top 1000 voters, 10 voters will be randomly selected whose VIP levels will be upgraded by 3 tiers.

(2)After each listing vote, the token of the winner will be airdropped. All voters will have a chance e.g., 20% to win the token. The airdrop of the token will be ratioed according to how many votes of the voter account for the votes of the winner.