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Gate.io Will Repurchase MATCH at 10 Times the 7-day Average Price of PLATO

Gate.io

Related type: Others

2022-11-25 17:54

Gate.io closed the deposit, withdrawal and trading of PLATO at the request of the project team on November 15, 2022. On November 16, 2022, 09:00:42 , we took a snapshot of the PLATO holdings of each user and swapped PLATO for MATCH at a ratio of 10:1 as requested by the PLATO team. On November 25, 2022, 04:00 AM , we opened the trading of MATCH. We are highly concerned about the issue that the total supply of MATCH and PLATO largely varies, as reported by users, and have since confirmed this situation as soon as possible. Having communicated with the MATCH team, we decide to repurchase MATCH from those who have swapped PLATO for MATCH. All the costs incurred will be borne by Gate.io and the MATCH team. Repurchase details: We will repurchase MATCH from those who have swapped PLATO for MATCH on Gate.io. The repurchase price will be the 7-day average price of PLATO before the snapshot. That is, $0.00006USDT per PLATO . The repurchase will last one week. Users can participate in the repurchase according to their own interests and should pay close attention to the changes in the MATCH market price. It is all up to users themselves whether to participate or not if the market price of MATCH goes higher than our repurchase price within the one-week period. Apply via: https://www.gate.io/questionnaire/2728 Apply by: December 2, 2022, 12:00 PM To be eligible for participating in this repurchase, users should hold an equal amount of MATCH tokens in their wallet within the specified period. We will verify relevant information and swap tokens for users who fill the application form and submit it before the application deadline. Details about MATCH: MATCH is the token that replaces PLATO at a ratio of 1:10. However, the total amount of PLATO and MATCH is the same at present, both are 10,000,000,000. There will be an additional issuance of MATCH on BSC and Aptos when the total supply reaches 30,000,000,000. MATCH contract: Ethereum: https://etherscan.io/token/0x7f78A88d77FA03F3cE4a94b14A0e1abB5eEEEDD7 BSC: https://bscscan.com/address/0xeb99ee02d4f0f530b6d56510cd573ef7f9b255e4 Aptos: https://explorer.aptoslabs.com/account/0xd6d6372c8bde72a7ab825c00b9edd35e643fb94a61c55d9d94a9db3010098548/coins Contract address and supply of PLATO: BSC: https://bscscan.com/token/0xf2572fdacf09bfae08ff7d35423870b5a8ac26b7 Supply: 7,607,536,200.615823 Heco: https://www.hecoinfo.com/en-us/token/0x14885de0e4e333440ec4c07c2fbdc0bcb40baa73?tab=Transfers Supply: 10,000,000,000 Tokenomics of MATCH Total supply: 10,000,000,000 Seed round: 2% - TGE 5%. The rest will be unlocked linearly every month within 20 months. Private sale: 2% - TGE 5%. The rest will be unlocked linearly every month within 20 months. Public sale: 0.44%. Unlocked. Treasury: 20.56% - TGE 2.25%. The rest will be unlocked linearly every month within 36 months. Technic development: 20% - TGE 2.8%. The rest will be unlocked linearly every month within 36 months. Ecosystem investment: 10% - TGE 2.8%. The rest will be unlocked linearly every month within 36 months. DAO: 15% - TGE 1.6%. The rest will be unlocked linearly every month within 59 months. Marketing & Operation: 30% - TGE 2.8%. The rest will be unlocked linearly every month within 35 months. Gateway to Crypto Trade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io. Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now. Reach out to us! Twitter: https://twitter.com/gate_io GateVIP Twitter: https://twitter.com/GateioVIP Telegram: https://t.me/gate_io API Telegram: https://t.me/gateioapi Instagram: https://www.instagram.com/gateioglobal Medium: https://gateio.medium.com/ Podcast: https://gateio.buzzsprout.com/?ch=buzzs. Gate.io Team November 25th, 2022.