Gate.io Listing Vote #83 — Bifrost (BFC), $45,000 BFC Giveaway

Bifrost (BFC) Bonanza week starts February 5 at 4:00 UTC to February 12 at 4:00 UTC. The $45,000 BFC giveaway benefit is waiting for you!

New users need to sign up for Gate.io to participate.

Activities include:
1、Vote for BFC to enjoy a 687,500 BFC airdrop ($40,000 USD)
Voting Period: From 5 February 04:00 AM — 6 February 02:00 AM
In this round of voting, if BFC gets 10 million votes, Gate.io will list BFC for USDT trading. Users who participate in the vote can share a total of about 687,500 BFC airdrop rewards.
Voting channel link: https://www.gate.io/poll/votelist/93

2、104,167 BFC airdrop ($5,000 USD) for top 1,000 deposit users
The 500 users to deposit will share 104,167 BFC (about $5,000 USD). First come, first served!
You need to deposit at least 4,167 BFC. Fill the form & participate in our campaign here

3、Trade volume reaches $800 & shares 104,167 BFC (about $5,000)
During the activity, the top 100 users will share 104,167 BFC (about $5,000) in terms of trade volume
1st Place:20,833 BFC (about $1,000)
2nd Place: 2,240 BFC (about $500)
3rd Place:6,250 BFC (about $300 )
4th-100th Places: share the 66,667 BFC(about $3,200) proportional to their trading volume
To be eligible for a prize, a minimum volume of 16,667 BFC is required. Fill the form & participate in our campaign here

Deposit BFC at https://www.gate.io/myaccount/deposit/BFC?ch=depBFC

4、$300 BFC for Twitter Giveaway
From now on, we will start a 7-day 6,250 BFC ($300 USD) Twitter Giveaway event to complete forwarding and following tasks and get lucky draw opportunities. After the event, we will draw 10 people from them and will give 625 BFC ($30 USD) .
Click to participate: https://www.gate.io/poll/votelist/93#giveaway (Coming soon)

5、BFC Telegram AMA, $500 BFC Giveaway
We will launch the BFC Telegram AMA activity in the near future, inviting BFC project personnel to visit the Gate.io Telegram group. During the Q&A period, 10,416 BFC ($500 USD) airdrop benefits will be given out. Details of the event will be on Gate.io Twitter and Telegram announced, so stay tuned!

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 5 February 04:00 AM — 6 February 02:00 AM
2. Voting and Listing Rules:
In this round of voting, if BFC gets 10 million votes, Gate.io will list BFC for USDT trading. Users who participate in the vote can share a total of about 687,500 BFC airdrop rewards.
To vote, please visit: https://www.gate.io/poll/votelist/93
Deposit BFC at https://www.gate.io/myaccount/deposit/BFC?ch=depBFC

Project Introduction

(1) Brief Introduction
Bifrost is a multichain middleware platform that enables developers to use multiple blockchain protocols simultaneously and seamlessly. With Bifrost, developers can select and combine the best-suited blockchains to develop substantially more scalable and flexible DApps on a whole new blockchain eco.
(2) Website:https://thebifrost.io
(3) Token symbol:BFC

Gate.io Listing Vote (add 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: only GT. Every participant going through identity verification can vote based on GT holding.

4. Vote to validate: 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 the account as a payment to buy the voting airdrop token, which will be subtracted within a period of 2 hours after voting to finish automatically. The 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 voting, the reward will be distributed to voters, and the time for trading, withdrawal, and deposit of the tokens will be posted

7. Reward and payment calculation:
(1)Airdrop currency: Airdrop reward of the winning project will be distributed after voting.
Example: For voting of project A, if Sean supports project A and votes for it. Sean would be qualifying to buy a certain amount of project A at a certain price as an airdrop reward for voting.
(2) Airdrop reward: After voting, the valid participant is qualified for buying a certain amount of winner project tokens based on the ratio of his/her votes are to the total votes.
Formula:
account eligible airdrop token amount = votes of the account ÷ total votes X total airdrop tokens for the voting
(3) Payment deduction: after voting, the tokens distribution to each account will be calculated and the payment USDT will be deducted automatically.
Formula:
Account payment deduction=account eligible airdrop token amount X airdrop voting price
8. GT burning: to add more channels to burn GT and enhance GT value, the usdt from the payment in the voting will be used to buyback GT at the market.And all of that GT will be burned afterward.

9. Others
(1) Cheating: If any account is detected or reported as cheating and is confirmed after our investigation, Gate.io will invalidate the votes of the account. If any account is confirmed as cheating 3 times, the account will no longer be eligible for the listing vote at Gate.io.

Please note:
1. The reward will be distributed to your account within 7 working days after the end of the event. You check the reward via “My Funds” — — ”Bill”.
2. The user’s net deposit amount is calculated based on ( deposit amount-withdrawal amount) (excluding internal transfers).
3. The top 100 traders by trading volume are eligible for a reward. The trading volume is calculated in the following formula:
*(Buy volume + Sell volume) x a time factor
(excluding trading between one individual’s accounts)
The time factor decreases linearly, it is 1.2 at the beginning and 1.0 at the end of the competition. The earlier the trades, the more weight they have. Trading services are not available to American users now.
4.As users of different VIP tiers have different trading fee costs, we will multiply the trading volume by (effective trading fee/VIP10 trading fee) to offset the trading fee cost differences.
5.As users with referrals have trading fee revenue, we will further normalize the trading volume based on whether they have referrals or not to offset the trading fee cost differences
6. The activity is only available to KYC users, and the referee must complete KYC. Meanwhile, a KYC user can only use one account to participate.The Sub-Accounts and Master Account will be treated as the same account when participating in the activity and the sub-account data is included in the total deposit.
7. The above activities are allowed to participate more than once.
8 For any malicious acts conducted during the period, including malicious transaction manipulations, illegal bulk registration of accounts, self-dealing, etc., the platform will cancel the qualification of the participants.
9. Risk warning: Users must be aware of the fact that currency tradings are affected by many factors, such as the market, policies, and price fluctuations. It is difficult to predict the market, so users are strongly recommended to understand all the related information and be vigilant in regards to their investment actions.

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

Gate.io is an established exchange of integrity, transparency, and fairness. We charge zero listing fees and only choose quality and promising projects. We keep improving and innovating to return our users' support.
Get 40% commission from referrals at https://www.gate.io/referral

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Gate.io Team
February 5th, 2021

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