Gate.io Launches Listing Vote #34 – Defibox (BOX), with a Referral Airdrop Program Included

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 number 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 our listing votes, participants can vote for the project at hand. If the project attains the targeted votes after the vote, its tokens will be listed on Gate.io. All voters have a chance to win an airdrop of the project token according to the ratio of the votes they contributed to the number of votes in total. Additionally, there will be a referral airdrop event along with the listing vote. Users can win an airdrop of the project token via our referral program.

1. Duration: 02:00 AM GMT, September 1st, 2020 — 08:00 AM GMT, September 1st, 2020.

2. Listing Vote Rules
(1) Once Defibox gets 10 million votes, the trading service of BOX will be available on Gate.io. Each voter has a chance to share an airdrop of 1,129 BOX after paying a certain amount of USDT.

3. Participate in the Listing Vote at: https://www.gate.io/poll/votelist/41

4. Deposit BOX at: https://www.gate.io/myaccount/deposit/BOX 

5. If Defibox succeeds in the listing vote, the trading of BOX will be enabled at 09:00 AM GMT, September 1st, 2020. Trade BOX at https://www.gate.io/myaccount/trade/BOX


Gate.io Referral Airdrop Program

There will be a referral airdrop event where a total of $14,000 to $30,000 worth of BOX tokens will be distributed as referral rewards. Each newly registered user who takes part in the referral campaign can win a BOX airdrop of around $10 USD. The referrer can also win a BOX airdrop of about $10 USD. The total amount of BOX for the referral airdrop is 2,258 BOX. After the 2,258 BOX have been distributed, we might continue the referral reward with other project tokens. Newly registered users can win the referral airdrop only after they have completed the KYC verification, make a BOX deposit, and conduct a BOX trade. Gate.io will rule out any form of cheating in order to guarantee the benefits of actual well-intended participants.

Get your referral link at https://www.gate.io/myaccount/myreferrals


Attention: Please note that due to the liquidity mining mechanism of BOX, there is high inflation of the BOX token. This might lead to a severe price drop in the future. Moreover, DeFi projects are at the novel stage without a mature underlying infrastructure. Please be cautious when making investments. Gate.io is not liable for any financial loss incurred by investors.


Introduction to Defibox

1. Project Introduction
Defibox is a professional one-stop DeFi application platform on EOS. It is initiated and managed by the Defibox Foundation, which gets funding and support from Newdex. The project was launched on July 21st, 2020, which is committed to becoming the DeFi application platform widely used by EOS users. Currently, Defibox has launched two protocols, namely Swap and USN stable coin (formerly Danchor project). They will launch more protocols in the future such as decentralized lending, synthetic assets, etc.

Official Website: https://defibox.io/
Link to Whitepaper: https://support.newdex.net/hc/zh-cn/articles/360046066792-Defibox

2. Token Information
Defibox issues BOX on the EOS main chain with a total supply of 100 million, which are released linearly from 0 using a mining method 100% with no private placement, no reservation, and no pre-mine.

(1) Token symbol: BOX

(2) Total supply: 100 million


Listing Vote Scheme

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 vote with his GT for the project.

4. In this listing vote, when the project gets 10 million votes, the tokens will be listed.

5. After the single listing vote, all voters will be rewarded with an airdrop of the tokens. Meanwhile, the time for trading, withdrawal, and deposit of the tokens will be released.

6. The return of GT and holding requirements: after the single listing vote, the voter’s 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.

7. Rewards in the Single Listing Vote:
（1）After the project receives 10 million votes, the token will be airdropped. All voters will win the token. The airdrop of the token will be ratioed according to how many votes of the voter account for the votes in total.

8. 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.