Startup Sales projects CNNS and DREP were launched during GT’s initial trading stage where the market price of GT may fluctuate. Due to this, the Startup price was set as a temporary price “P1”, which is 0.60 USDT/GT. One month after the project launch, the price “P2” will be adjusted according to the GT daily opening price on Gate.io from April 25 to May 25 (GMT +8:00). If P2 is over 10% higher than P1, which is more than $0.66 USD, Gate.io will refund the exceeding amount (P2-P1*110%) in GT based on P2 to users who invested with GTs.
Per the previous calculation rules, P2=0.70365625 USDT/GT, which is over 10% higher than P1 ($0.66 USD). The exceeding amount (P2-P1*110%) has already been refunded to users who invested with GTs. Traders can check the balance at: https://www.gateio.co/myaccount/mypurselog (the asset is categorized as a purchase bonus). Mobile users please go to Wallets — Transactions for balance details.
Total amount of GT refund for CNNS Startup Sale participants: 279189.057 GT
Total amount of GT refund for DREP Startup Sale participants: 316414.26 GT
The refunded GT was deducted from the Startup Sales income from projects. The amount of GT will not fluctuate.
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