Metis to Trade on Crypto Exchange Gate.io
Layer 2 blockchain company Metis will trade on Gate.io, starting from May 13, the day of Metis’ Initial DEX Offering (IDO).
Gate.io Startup becomes the second launchpad to join with Metis for its IDO/IEO. PAID Network’s recently announced that it would launch Metis on PAID’s Ignition launchpad, with whitelist lottery results slated to be announced on May 10.
Meanwhile, Gate.io will join Uniswap as the two exchanges that will enable investors to trade Metis tokens starting on May 13. Metis token’s trading symbol will be $METIS.
As part of its agreement with Metis, Gate.io will host a sale of Metis tokens on its Startup platform, giving traders an opportunity to make an early initial investment. The rules of the promotional sale are as follows:
$METIS Startup Sale Rules
(1) Duration: 04:00 13th May, 2021 — 10:00 13th May, 2021 (UTC)(Orders placed by qualified users within these 6 hours will be treated equally.)
(2) Trading starts time: 13:00 13th May, 2021 (UTC)
(3) Price: $5
(4) Startup Supply :10,000 METIS
(5) Users purchase using USDT.
(6) To participate in Startup Sale, users will need to be VIP1 level and above with Gate.io, can only purchase once with each KYC account.
(7) Purchase limit: The maximum subscription limit for a single user is 1000 shares; the relationship between the VIP level and the maximum subscription allocation is:
the maximum number of subscriptions (not the final actual subscription 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 a sufficient balance (exceeding the purchase value) in their Gate.io accounts for the purchase after placing the orders, until Gate.io announces the sale result. An insufficient balance will result in the cancellation of the purchase order.
(9) After 10:00 13th May, 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, at 12:00 13th May, 2021 (UTC).
Note that the Startup promotion isn’t available in the United States, Canada, China, and certain other countries. Please consult the Gate.io website for complete rules and restrictions.
Based on the spirit of Optimistic Rollup, Metis is building an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully support the application and business migration from Web 2.0 to Web 3.0. Its scalable protocol supports a wide range of use cases, including yield farming, DEX trading, and powering the gig economy via dApps that offer cheap and fast micropayments.
Metis integrates the Decentralized Autonomous Company (DAC) framework within its Layer 2 infrastructure, a differentiating factor that makes it easy for any developers, builders, or community leaders to build their applications and communities. It also makes it easy to use pre-set tools to facilitate their development, manage collaboration, and enjoy the network effects of the world’s largest decentralized finance ecosystem, without the costs and bottlenecks normally associated with Ethereum.
Metis’ goal is to make building dApps and DACs on its platform so easy to do, even total blockchain novices can make it happen in a matter of minutes.
Telegram community: https://t.me/MetisDAO
Telegram Announcement Channel: https://t.me/metis_announcement
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