Dear LBank Users:
After a rigorous screening, we finally determined that the LBank Solar mysterious starting project codenamed「Jupiter」 is:
We will open the Solar「Jupiter」GALT(Haichain) sale on
Sale Start : May 6, 2019, 19:30 (UTC+8)
Sale End : May 6, 2019, 21:30 (UTC+8)
Trading Open: May 7, 2019, 19:30 (UTC+8)
Trading Pair: GALT/USDT
- Token Name：GALT
- Total Supply：250,000,000 GALT
- Total Amount For Sale: 1,354,000 GALT
- Purchase Currency：USDT
- Purchase Price：1 USDT = 6.77 GALT
- Upper Limit one investor：5,000 USDT
- Purchase Time：2019/05/06 19:30:00（UTC+8）
- Purchase Method：Weighted Average Allocation
- Start Time: May 6, 19:30 - 21:30（UTC+8）
- Purchase limit: The purchase amount is divided into two grades according to the number of positions in the first hour of the sale (5/6 18:30:00). The purchase quota is as follows:
One hour before Subscription, dax position >=2,000
One hour before Subscription, dax position >=20,000
2.1) The dax position used to determine the purchase qualification will be taken for a snapshot an hour before the sale. Tips: To ensure accurate eligibility, please try to meet the position requirements before the snapshot time.
(3) Ordering: At 19:30 on the same day, the user will accept the order, and the order will be closed at 21:30. Those who meet the requirements within 2 hours after the start will be treated equally.
(4) Purchase Result: After the user places the order until 21:30, the USDT used for the purchase will be deducted, the actual subscription amount will be calculated within 1 hour, and the following processing will be completed:
4.1 deducting the USDT actually used for purchase;
4.2 returning USDT other than the purchase fee;
4.3 Complete the purchase calculation.
(5) After 21:30 (UTC+8) , we will collect all the qualified orders and distribute the tokens according to the individual purchased orders: total purchased orders ratio. The final result will be announced later.
The distribution calculation rules are as follow:
Personal actual subscription amount = (account effective order subscription amount) * (GALT total limit for the day) / (total GALT total subscription for the day)
Eg: If the total sales amount is 1,000,000, the total subscription amount for all users ordering from 19:30 to 21:30 will be 2,000,000, if you place 10,000 GALT. Then,
Subscription ratio = (1,000,000) / (2,000,000) * 100% = 50%
The amount of Solar project you actually subscribed to =(0.5)*(10,000)= 5,000 GALT
You actually pay USDT=(5,000)*(0.1477) = 738.55 USDT
We will sell the results publicly after the sale is completed. In order to facilitate the user to calculate the cost, we will publicize the calculation of the three data that are more important to the user as follows:
Subscription ratio = (the current total sales quota) / (the total number of Solar reservations on the same day) * 100%
Individual actual subscription of Solar amount = (subscription ratio) * (personal effective order subscription number)
The actual amount of USDT paid per person = (Solar price)* (the actual amount of Solar purchased per person)
- Users need to complete identity authentication (KYC) ;
- Must hold 2000 dax or more before the participate offering one hour in advance;
- Users from the following jurisdictions will not be able to participate in this token sale:
Afghanistan,Albania,Belarus,Bosnia & Herzegovina,Burundi,Cambodia,Canada,Central African Republic,Cote dIvoire,Cuba,Democratic Republic of the Congo,Ethiopia,Guinea,Guinea Bissau,Iran,Iraq,Kosovo,Kyrgyzstan,Laos,Lebanon,Liberia,Libya,MainlandChina,Malawi,Malaysia,Mali,Mozambique,Myanmar (Burma),New Zealand,North Korea,Republic of Macedonia (FYROM),Serbia,Somalia,South Sudan,Sri Lanka,Sudan,Syria,Tanzania,Thailand,Timor Leste (East Timor),Trinidad & Tobago,Tunisia,Turkmenistan,Uganda,United States of America (USA),Uzbekistan,Venezuela,Yemen,Zimbabwe.
See Mare About GALT On:
- All of the above steps must be completed before the start of the purchase event;
- Solar sales are high-risk investment methods. Investors should be rationally involved and beware of investment risks. LBank does not assume any responsibility for guarantees, compensation, etc. for any investment activities;
- The final interpretation of the event belongs to LBank.info
If you have problems, please contact LBank official email: email@example.com, and we will provide sincere, friendly and immediate service for you. We also welcome you to join Lbank.info official English community to discuss the latest issu, (Telegram): https://t.me/LBankinfo.