Gate io & Callisto Network (CLO) Airdrop
The total prize pool of $2,000 will be distributed to 40 people by drawing.
Last date of participation : 11 November 2022
First of all, you must be a member of the gate.io exchange in order to participate in the airdrop. You can sign up here.
In order to participate in Gate.io airdrops, you must verify your identity (KYC).
Participation through Gleam. You can find your username and UID number on your gate.io profile page.
If it redirects you to the gate io page instead of the gleam page, you can participate in the sweepstakes at the bottom of the page.
Note: You must make a minimum volume of $50 to participate in the draw.
What is Callisto Network CLO Coin?
Callisto Network is a decentralized open source crypto platform based on Ethereum source code and has its own cryptocurrency called CLO. The main purpose of Callisto is to research and develop a reference application for a self-sufficient, self-governing and self-funded blockchain ecosystem and development environment. Callisto will implement cross-chain service enhancements while improving the scalability of both Ethereum Classic and its own network. As a sidechain, it will also carry its own dataset/functionality linked to the ETC mainchain. Using a sidechain provides bandwidth over the ETC mainchain. Another main feature of the Callisto protocol is Cold Staking. Cold Staking increases Callisto's "store of value" feature by encouraging coin holders to hold CLO coins for a certain period of time.
Cold staking is a smart contract-based process that allows users holding CLOs to earn interest on the total issuance of CLOs if they hold CLO in their account for a long enough time. Anyone holding a CLO can become a cold staker. For this to happen, all that needs to be done is to lock up some funds with a treasury smart contract for a period of at least one month. Cold stakers are rewarded with some funds from the treasury as they are part of the network management model. The treasury balance consists of a 10% charge for each Callisto block. The amount of reward depends on how many stakers are available at any given moment (more stakers, less reward).
Total Supply: 6,500,000,000 units.