HONG KONG, April 15, 2020 /PRNewswire/ -- Crypto.com is pleased to announce the listing of VeChain (VET) on The Syndicate platform. All Crypto.com Coin (CRO) stakers will be able to participate in a discounted sale event for 500,000 USD worth of VET at 50% off. The listing event will commence on Tuesday, 28 April 2020 on the Crypto.com Exchange.
Total VET token Supply: $500,000 USD worth of VET token
Discount rate: 50%
Syndicate Allocation: Each participant's maximum amount of CRO that can be applied towards the listing event will depend on the amount of CRO Staked on the Crypto.com Exchange, as shown below:
*The maximum allocation in CRO stated in the table above is indicative and for reference only. Please visit crypto.com/exchange/syndicate on the listing day to view the final maximum allocation.
Syndicate Allocation Subscription:
Crypto.com Exchange users will be able to subscribe for VET tokens by contributing an amount of CRO tokens not exceeding their respective maximum allocation.
Staked CRO tokens may not be used to subscribe for VET tokens in the listing event
Syndicate Allocation Distribution: Listing event participants will receive their finalised VET token allocation at Distribution Time. If the total contributed amount for the listing event is above the total discounted allocation, each individual participant's final VET token allocation will be calculated as follows:
Sign up for the Crypto.com Exchange today, stake CRO to participate in the discounted VET sale! Stay tuned for more exciting listing events on The Syndicate!
We are now accepting applications for digital assets to be listed on the Crypto.com Exchange through The Syndicate.Click here to have your project listed!
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