Dear Dcoin Users:
We are delighted to announce that KAVA（Kava） token sale commence at 2019/10/18 8:00 (UTC) on Dcoin, accepting DT. go to buy(Please purchase on the web)
Token sale format of KAVA（Kava） is Lottery. Dcoin IEO Lottery Format
Token Sale Details:
- Token Name: KAVA（Kava）
- Total Token Supply: 100,000,000 KAVA
- Total Tokens Allocated to Dcoin IEO: 50,000 KAVA
- Public Sale Token Price: 1 KAVA = 0.46 USD
- KAVA：DT=1：33.33346618（DT=0.013799945 USDT）
- Token Sale Format: Lottery, Dcoin IEO Lottery Format
- Allocation Per Winning Ticket: 5 KAVA
- Lock / Purchase: lock 1,000 DT, can purchase 5 KAVA
- Minimum Purchase Amount: 1,000 DT
- 2019/10/18 8:00 (UTC): Ticket claim opens.
- 2019/10/22 8:00 (UTC): Ticket claim closes and waits for the lottery draw beginning.(Ticket claim keeps open before this time)
- 2019/10/24 10:00 (UTC): Winning tickets are announced and the respective , DT will be deducted from the winning users’ accounts.
1. Different nodes, different upper limit of node reward tickets, and the final tickets must not exceed the upper limit of node reward tickets.
2. The final node reward tickets, need to deduct the actual locking tickets. Then look at the upper limit of the node reward tickets. Take the smaller value as the final tickets. That is: the final node reward tickets = Min [Upper limit of node reward tickets, not winning tickets]
Assume that the user at the gold node locks 25,000 DT, the Upper limit of locking tickets is 25, and if he actually get 1 locking ticket, the remaining 24 tickets can participate in the node reward sharing. When at the silver node, the upper limit of the node reward is 25, then the final reward is 24.
Assume that the user at the silver node locks 25,000 DT, the Upper limit of locking tickets is 25, and if he actually get 1 locking ticket, the remaining 24 tickets can participate in the node reward sharing. When at the silver node, the upper limit of the node reward is 5, and the final reward is 5.
Kava is a cross-chain DeFi platform offering collateralized loans and stablecoins to users of major crypto assets (BTC, XRP, BNB, ATOM, etc.). It is supported by over 100+ business entities around the world, including prominent crypto funds and major crypto projects like Ripple and Cosmos. The platform features two tokens: KAVA, a governance and staking token responsible for securing the network and voting on key parameters; and USDX, an algorithmically maintained stablecoin backed by crypto asset collateral. Detalis
Reminder: Users need to complete their account verification and also be from an accepted jurisdiction to participate in this token sale.
* Users from the following countries will not be able to participate in token sales on the IEO : Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Canada, Central African Republic, China, Cote dIvoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Malaysia, Myanmar, New Zealand, North Korea, Republic of Macedonia, Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine, United States, Venezuela, Yemen, Zimbabwe.
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