KuCoin Spotlight Returns With a Gno.land (GNOT) Pre-Listing Subscription, Featuring Pro-Rata Allocation, KCS Holder Benefits and Conditional Buyback Mechanism

2 hours ago
  • KuCoin Spotlight returns with a pre-listing subscription for 7,751,938 GNOT astatine a subscription terms of $0.0645 per token.
  • The oversubscription exemplary uses pro-rata allocation, nether which eligible subscribers whitethorn person an allocation based connected their committed amount.
  • Subscriptions are disposable successful KCS, USDT, and recently added USDG, alongside KCS discounts and optional conditional terms protection.

KuCoin Spotlight is returning with a pre-listing subscription for Gno.land (GNOT), offering eligible users entree to 7,751,938 GNOT astatine $0.0645 per token earlier spot trading begins. The run marks the instrumentality of Spotlight with an updated information model designed to supply a much structured allocation process. The updated format combines pro-rata allocation nether an oversubscription mechanism, subscriptions paid with KCS, USDT and USDG, and an optional conditional post-listing buyback mechanism.

Gno.land Joins the Spotlight Lineup

Gno.land, developed by NewTendermint, is an open-source Layer 1 smart-contract level built astir Gno, a deterministic saltation of Go designed for on-chain applications. GNOT is the network’s autochthonal token utilized to wage state for retention deposits, declaration execution, and cross-chain interactions.

The summation of Gno.land broadens Spotlight’s sum of blockchain infrastructure projects by adding a Go-based smart-contract web to its lineup.

Extending the Spotlight Subscription Model

  • Pro-rata allocation for each eligible subscriber: The run supports oversubscription, with GNOT distributed proportionally based connected each participant’s committed amount. Every eligible idiosyncratic who completes a valid subscription receives an allocation, alternatively than entering a first-come, first-served oregon lottery model.
  • Up to 10% disconnected with KCS: Users tin subscribe with KCS, USDT, oregon recently added USDG. KCS subscribers whitethorn person a discount of up to 10% and tin usage flexibly staked KCS straight without unstaking first.
  • Conditional post-listing buyback: Participants whitethorn opt successful to the automatic buyback mechanics erstwhile subscribing. Eligible allocations whitethorn suffice for a buyback astatine the subscription terms if specified conditions are met during the 7 days pursuing listing. See the official KuCoin announcement for afloat terms.

How to Subscribe for GNOT

Eligible users tin log successful to their KuCoin accounts, sojourn the KuCoin Spotlight Center, prime GNOT and subscribe utilizing KCS, USDT oregon USDG. Users who privation to enactment successful the conditional buyback mechanics whitethorn opt successful during the subscription process.. Learn much successful the official KuCoin Announcements.

About KuCoin

Founded successful 2017, KuCoin is simply a starring planetary crypto level built connected spot and security, serving implicit 45 cardinal users crossed 200+ countries and regions. Known for its reliability and user-first approach, the level combines precocious technology, heavy liquidity, and beardown information safeguards to present a seamless trading experience. KuCoin provides entree to 1,500+ integer assets done a wide merchandise suite and remains committed to gathering transparent, compliant, and user-centric integer plus infrastructure for the aboriginal of finance, backed by SOC 2 Type II, ISO/IEC 27001:2022, ISO/IEC 27701:2019, ISO 22301:2019 and ISO/IEC 42001:2023 certifications. In caller years, we person built a beardown planetary compliance foundation, marked by cardinal milestones including AUSTRAC registration successful Australia, a MiCA licence successful Europe, and regulatory advancement successful different markets.

Learn much astatine www.kucoin.com.

Disclaimer

The accusation is for firm PR purposes lone and does not represent endorsement oregon concern advice.

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