What is 5ire and How to Buy 5IRE?
- Gate.io has introduced its “Startup Project Free Airdrop Program” as an initiative to reward its platform users.
- The program includes periodic free airdrops of tokens from notable blockchain projects in the Startup area.
- Both VIP and GT users on the platform stand to benefit from these token airdrops.
Learn about Gate.io’s innovative free airdrop initiative and how it benefits users with exclusive token rewards.
Introduction to 5ire (5IRE)
5ire is an ecosystem designed on a dual-chain architecture utilizing both EVM and WASM to address global sustainability challenges. The 5ireChain, which is the native blockchain of 5ire, incorporates a Sustainable Proof-of-Stake (SPoS) consensus mechanism. This mechanism is unique in that it incentivizes validators to focus on sustainability, offering them higher rewards based on their contributions.
How to Buy 5ire (5IRE)
- Begin by creating an account on our recommended exchange platform.
- Deposit an appropriate cryptocurrency (USDT) or fiat currency (Dollar, GBP, EURO).
- Search for the 5ire (5IRE)/USDT trading pair and place your purchase order.
- Once your order gets executed, safeguard your 5ire (5IRE) in your digital wallet.
Token Information and Distribution
The 5ire token (symbol: 5IRE) operates on the ERC-20 standard and has a maximum supply of 1.5 billion tokens. The token distribution is stratified across various categories including angel investors, private sales, team allocations, ecosystem development, validator rewards, and more. Each category has specific cliff periods and vesting schedules to ensure strategic release and governance of the tokens.
For instance, the angel investment tranche holds 1.33% of tokens with a four-month cliff period followed by an 11-month vesting schedule. Similarly, tokens allocated to the team are subject to a nine-month cliff with a 36-month vesting period. This structured distribution ensures a balanced release of tokens, preventing market oversaturation and ensuring sustained development and participation.
Conclusion
Gate.io’s airdrop initiative is a significant move towards rewarding its users with tangible benefits. The incorporation of projects like 5ire, with its focus on sustainability and structured token distribution, highlights the platform’s commitment to aligning with global development goals. As users engage with these offerings, they not only gain new tokens but also participate in projects that drive meaningful change.
