Dear Poloniex Users,
Poloniex will initiate the public sale of TYT on LaunchBase at 08:00 (UTC) on March 2. This LaunchBase event adopts a subscription model, and all users are eligible to participate.
About TYT:
Project Overview: Bounty Temple is the first P2E-Evolution GameFi project launched by Orasis Studio. The project aims to launch 100 P2EE games using the same governance token $TYT to prevent downtime caused by future bearish market trends.
Project Highlights: Bounty Temple endeavors to address critical pain points of the GameFi industry by offering bear-proof stability solutions. It revolutionizes the GameFi ecosystem with a new model, P2EE (Play-to-Earn Evolution), designed to tackle the current issues surrounding blockchain gaming, thereby providing a novel experience and reshaping the gaming industry.
Subscription Terms:
● Subscription Token: USDT
● Subscription Price: 1 USDT =1 TYT
● LaunchBase Offering: 30,000 TYT
The detailed rules for subscription are stated below:
I. The schedule for the TYT LaunchBase event is as follows:
● User Registration: 08:00 (UTC) on March 2 - 13:00 (UTC) on March 4
● User Subscription: 01:00 (UTC) on March 5 - 12:00 (UTC) on March 5
● System Settlement: 13:00 (UTC) on March 5 - 04:00 (UTC) on March 6
● Snapshot of Subscribed Assets: 12:00 (UTC) on March 2 - 15:00 (UTC) on March 4
● Secondary Market Opening Time: 10:00 (UTC) on March 6
● Buyback Monitoring Phase: 10:00 (UTC) on March 6 - 10:00 (UTC) on March 7
II. Hard Cap Per User
Here are the rules for the user's hard cap for the TYT LaunchBase event:
1. Users can promptly find out their hard cap after registration. The earlier the registration time, the higher the hard cap.
Enrollment Time | Hard Cap (USDT) |
08:00 (UTC) on March 2 - 03:59 (UTC) on March 4 | 1,000 |
04:00 (UTC) on March 4 - 10:59 (UTC) on March 4 | 500 |
11:00 (UTC) on March 4 - 13:00 (UTC) on March 4 | 100 |
2. A user's hard cap is also determined by their average holding of the subscription tokens. The higher the amount of holdings, the higher the hard cap.
Average USDT Holding | Hard Cap (USDT) |
≥ 5,000 | 50,000 |
≥ 1,000 | 10,000 |
≥ 100 | 1,000 |
For example: User A registered on the LaunchBase event page at 04:00 (UTC) on March 4 and maintained holdings of 10,000 USDT on their Poloniex account from 08:00 (UTC) on March 4 to 08:00 (UTC) on March 5. Based on the enrollment time, User A is eligible for a hard cap of 1,000 USDT, while determined by the snapshot of the average USDT holding, the user's hard cap is 50,000 USDT. As the higher hard cap shall prevail, User A's final personal hard cap shall be 50,000 USDT.
For more subscription rules, please refer to General Rules for Poloniex LaunchBase Events.
Poloniex Team
March 2, 2024
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