Gate.io Listing Vote #57-ROOBEE(ROOBEE), Share 6,050,000 ROOBEE Airdrop

Gate.io
4 min readNov 18, 2020

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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.Voting Schedule:
Voting Period: From 18th November 02:00 AM — 19th November 04:00 AM

2. Voting and Listing Rules:

Gate.io will list the ROOBEE/USDT trading pair if hyve gets 10 million votes in the voting round. And all users who vote in this round will share a portion of the 6,050,000 ROOBEE airdrop reward pool.

To vote, please visit: https://www.gate.io/poll/votelist/66
Deposit ROOBEE at https://www.gate.io/myaccount/deposit/ROOBEE

Project Introduction

(1) Brief Introduction

Roobee (ROOBEE) is a blockchain-based investment platform that allows users to invest in products from both the traditional and crypto markets. The platform is under active development and is already operational. Behind the platform is a team of developers who won prizes in hackathons, including the 2017 and 2019 ETHWaterloo hackathons held in Canada by ETHGlobal. The Roobee community already has 400,000 users from all over the world. The mission of Roobee is to give any person with any level income an opportunity to invest starting just from $10 in investment products that are only available to big institutional players, qualified investors, millionaires, and funds. With the help of the Roobee platform, the goal is to empower people from all over the world to invest in any of the many investment products available on the platform: crypto, stocks, ETFs, IPOs, real estate, and more.

(2) Website:https://roobee.io

Token Information

(1) Token symbol:ROOBEE
(2) Total supply:5,400,000,000 ROOBEE
(3) Current Circ. Supply:2,050,539,460 ROOBEE
(4) Token allocation

·Token Sale — 54%
·Founders and Project team — 15%
·Advisors, Consultants and Strategic partners — 4%
·Reserve — 13%
·Reward pool (Partnership and gamification at platform) — 10%
·Airdrops and other promotion activities — 4%

(5) Token release schedule
- 15% will be distributed among the founders and the project team with a lockup period
of 1 year and subsequent unlock of 10% of volume each 30 days.
- 13% of tokens will be allocated for the reserve fund.
- 4% will be allocated to advisers, consultants and strategic partners with a lockup period
of 6 months and subsequent unlock of 10% of volume each 30 days.

Gate.io Listing Vote Scheme (added GT buyback and burn)

1. Eligible participants: all the GT holders on Gate.io , 1 GT=1 vote

2. Votes 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.Governance currency: GT only. Every participant going through identity verification can vote based on GT holding.

4. Vote validating: when the voting starts, the voting airdrop price will be marked. When the votes are validated, the voter is qualifying for buying a certain amount of the token at the voting airdrop price based on the ratio of valid votes the voter cast in the total valid votes. The voter should keep enough usdt balance at account as payment to buy the voting airdrop token, which will be subtracted within a period of 2 hours after voting finishing automatically. Inadequate balance will lead to no airdrop tokens.

5. Voting result: If the project gets 10 million votes, the project win and the token will be listed at Gate.io.

6.Voting result announcement: After the voting has ended, we will distribute a reward to voters and we will announce when trading, withdrawal, and deposits are enabled.

7. Reward and payment calculation:
(1)Airdrop currency: Airdrop reward of the winning project will be distributed after the voting has ended。
Example: For a voting of project A , if Sean supports project A and votes for it, Sean would be qualified to buy a certain amount of project A at the price for voters as the airdrop reward for voting.
(2) Airdrop reward: After voting, the valid participant is qualified for buying a certain amount of winning project tokens based on the ratio his/her votes is to the total votes.
Formula:
account eligible airdrop token amount = votes of the account ÷ total votes X total airdrop tokens for the vote
(3) Payment deduction: after the vote has ended, the reward tokens to be allocated to each voter’s account will be calculated and the payment USDT will be deducted automatically.
Formula:
Account payment deduction=account eligible airdrop token amount X token price for voter
8. GT burning: to add more channels to burn GT and enhance GT value, the USDT collected from voters will be used to buyback and burn GT.

Gate.io reserves the final right to interpret this activity.

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Gate.io
Gate.io

Written by Gate.io

A Fast And Secure Digital Asset Exchange | Website: https://www.gate.io

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