About Gate Launchpool
Gate Launchpool is a staking product in the platform’s Startup series, where users can stake designated tokens to receive rewards from the token pools.
Visit Launchpool and learn more
1.GameonForge(GO4) Mining Rules
(1) Staking Period: 10:00 AM on November 23rd - 10:00 AM on December 7th (UTC), 2024
(2) Staking Pool: GO4
-Total Staking Rewards: 33,333.0 GO4
-Prize Pool Per Hour: 99.2 GO4
-Hourly Reward Cap Per User: 6.94 GO4
-Minimum Staking Amount: 0.1 GO4
-Unlocking Rule: 100% Unlock
(3) "Single-Coin Multi-Mining" GT Pool
-Total Staking Rewards: 66,667.0 GO4
-Prize Pool Per Hour: 198.41 GO4
-Hourly Reward Cap Per User: 13.89 GO4
-Minimum Staking Amount: 0.01 GT
-Unlocking Rule: 100% Unlock
2.Reward Calculation and Distribution
(1) GO4 Staking Pool: The system will take multiple snapshots of personal staking amounts hourly, and take the average staking amount as the valid staking amount. Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool
(2) "Single-Coin Multi-Mining" GT Pool: The system will take multiple snapshots of users' GT and GT2 holdings every hour and take the average as the effective holding amount. Hourly rewards for users = (User's GT holdings + User's GT2 holdings) / (Total GT holdings of all participants + Total GT2 holdings of all participants) x hourly reward pool.
(3) Token rewards will be distributed into the spot accounts of eligible users hourly.
(4) Users can join GO4 Staking Pool or "Single-Coin Multi-Mining" GT Pool at the same time to earn rewards from GO4 pool and GT pool separately.
3.Introduction to GameonForge(GO4)
Gameon Forge is more than just a publishing platform, we are a dynamic solution for WEB3 products seeking consumer onboarding. We have a network of over 300 traditional game streams that facilitate user onboarding of WEB3 games, creating unravalled opportunities for developers and players alike.
Website: https://www.gameonforge.com/
4.Notice
(1) After the staking ends, the staked assets will be automatically redeemed.
(2) Users can increase or redeem the staked assets at any time during the staking period. After the user redeems in advance or the staking is completed, the staked assets will be transferred to Simple Earn by default. If this option is unchecked, the staked assets will be redeemed into spot assets. If the amount of redeemed assets is too small and does not meet the minimum subscription amount of Simple Earn, the assets will be automatically transferred to spot assets. Additionally, if Simple Earn does not support the subscription of the redeemed token, the assets will also be automatically transferred to spot assets.
(3) Please update your Gate App to the latest version (6.33.0) or higher, or visit Gate’s official website to join "Single-Coin Multi-Mining" GT Pool. Before participating in Launchpool, please ensure that you fully understand the participation rules. Click here to learn more details.
(4) The use of duplicate accounts and any other cheating behaviors are strictly prohibited. Any cheating behavior will result in disqualification for receiving rewards.
(5) Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
(6) Gate reserves all rights to the final explanation.
(7) This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the User Agreement for further details on Restricted Locations.
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Gate Team
Nov 22nd, 2024
