Lofi (LOFI): Announcement of subscription results for non-initial projects

1. About the non-initial project Lofi (LOFI)subscription result

Gate.io Startup project Lofi token LOFI will start ordering at 14:00 on December 30, 2024. Orders within 48 hours will be treated equally. A total of 76,114 people placed orders, and the distribution factor is approximately 0.00062050167299994. According to the listing rules, the LOFI project’s subscription was successful, and Gate.io will distribute Lofi token LOFI based on each person’s order situation and the distribution factor of each ordered currency.

Users can check the participation details in the “Startup projects I participated in” section: <a href=“https://www.gate.io/zh/myaccount/mystartup” target=“_blank” title=“”>https://www.gate.io/zh/myaccount/mystartup</a>

Total distribution amount of LOFI: 204,082 LOFI Total received subscription orders worth 238,403,360 USDT USDT value of valid subscription orders: 238,238,980 USDT Each token quantity: 25.51025 LOFI Total order quantity: 76,114 Valid order quantity: 69,383 Order efficiency: 91.16 % Order funding efficiency: 99.93 % Total number of participating users: 76,114 Effective independent user count: 69,383

F = 0.00062050167299994 for USDT participation

All users will be allocated project tokens fairly according to the previous rules. To ensure the consistent principle of authenticity and transparency, Gate.io reserves all original subscription records for possible third-party audit needs in the future.

2. About the LOFI online trading

Gate.io will open LOFI trading at 18:00 on January 1, 2025 and then open the withdrawal service.

(1) The LOFI recharge address is: <a href=“https://www.gate.io/zh/myaccount/deposit/LOFI” target=“_blank” title=“”>https://www.gate.io/zh/myaccount/deposit/LOFI</a>

(2) The trading address is: <a href=“https://www.gate.io/zh/trade/LOFI_USDT” target=“_blank” title=“”>https://www.gate.io/zh/trade/LOFI_USDT</a>

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