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Gate.io Listing Vote: RAMP Voting Result & Listing

2020-10-20 20:33:08Read:21076 Tags:RAMP,GT

The ‘Listing Vote’ campaign for RAMPhas come to an end. Thanks to everyone who participated! We will contiRAMPe to bring more quality projects later, so please stay tuned!
Participate in the next Gate.io ‘Listing Vote’ session at: https://www.gate.io/poll

Vote Result of RAMP
In this vote, RAMP received over 10 million votes; we are going to list RAMP at Gate.io.

By 9:00 AM UTC, October 20th, 1,652 participants had contributed 48,325,867 votes in total. We have distributed 1 RAMP in airdrop to voters. We are going to commence trading for the RAMP/USDT pair.

RAMP Listing
The RAMP /USDT trading will open on October 20th, at 14:00 PM UTC at Gate.io. The withdrawal service will be available afterwards.

Deposit RAMP at https://www.gate.io/myaccount/deposit/RAMP
Trade RAMP at https://www.gate.io/trade/RAMP_USDT

Airdrop Rewards Winners
All voters in this vote are eligible for airdrop rewards. Below is the list of the top 10. View the reward you received at “My Wallets”–“ My Billing Details” (https://www.gate.io/myaccount/mypurselog).

UID;Amount of RAMP Airdrop Reward

259**** **127.95625
180**** **310.51236
279**** **989.95165
21** **67.989549
444*** **31.904416
472*** **17.184791
269**** **97.66248
254**** **01.738297
291** **67.78194
503*** **05.969902

Congratulations!

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.

9. Others
1)Cheating: If any account is detected or reported as cheating and this has been confirmed after our investigation, Gate.io will invalidate the votes of the account. If any account is caught cheating up to 3 times, the account will no longer be eligible to take part in the “Listing Vote” on Gate.io.

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

Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their contiRAMPous support.

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Gate.io Team
October 20th, 2020
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