KSM Starter Token ($KST) to List on Gate.io
After a successful IDO of KSM Starter Token ($KST) on October 7, the KSM Starter team has been putting in rigorous effort to bring $KST to the masses. As a result, the KSM Starter team is excited to announce that KSM Starter Token ($KST) will be listed on Gate.io on October 25, 2021.
KSM Starter will be featured on Gate.io’s Startup page that focuses on the most promising tokens currently available in the ecosystem. The free IEO structure benefits the current users and new users of Gate.io by rewarding them with freely claimable $KST. This much-anticipated event is scheduled to last from 2AM UTC until 11AM UTC on October 25, 2021. A total of 32,538 $KST will be available for airdrop claims.
Subscribing to $KST before listing will be limited to VIP members of Gate.io and will be determined by VIP tiers, with tier one getting 10 shares, tier two getting 40 shares, and tier three getting 90 shares. Each share will be worth about 20 USDT worth of $KST at market price.
Upon successful completion of the $KST Startup on Gate.io, $KST will be listed on the USDT pair to be traded. Trading will begin on October 25, 2021 at 1PM UTC. Upon listing, KSM Starter community can take advantage of Gate.io’s Automated Market Maker (AMM) liquidity mining, where users can participate in easy liquidity mining that operates in similar nature to the Uniswap liquidity mining.
KSM Starter looks forward to continuing to take community feedback and making $KST more accessible for everyone.
About KSM Starter
KSM Starter, the primary launchpad on Kusama, is built to provide early-stage support and public funding for projects building on Substrate. KSM Starter’s incubator modeled launchpad is driven by the community and shared values of fairness, transparency, and decentralized organization. Unique to the KST ecosystem, community members are incentivized to participate in the pre IDO selection process through higher allocation rewards. Also unique to KSM Starter, collaboration is fostered among launched projects by incentivizing community members to support previous launches by awarding them with improved lottery odds. This along with the KST Ecosystem Council generates a synergistic network effect that empowers all projects to succeed and leave a lasting impact on Kusama.