Gate has launched the Flare Network ( FLR ) stake mining product, with an Annual Percentage Rate of 31.86%.

Gate News bot message, according to the Gate announcement on May 20, 2025:

Gate has launched a staking mining product for Flare Network (FLR). Users can participate in mining by staking FLR tokens, with a current reference annualized return of 31.86%.

Flare is a Layer 1 blockchain based on EVM, designed to support developers in building interoperable applications. Gate indicates that users can stake FLR with one click through the platform, participate in the on-chain ecosystem, and earn rewards. The staking threshold is 2 FLR, and rewards will be distributed in the form of FLR tokens.

The announcement also mentioned that the product supports staking and redeeming at any time, with daily automatic distribution of earnings. The specific interest calculation period is as follows: staking on day D, interest starts to accrue on day D+1, and distribution occurs on day D+2.

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Last edited on 2025-05-20 18:21:20
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Hakusanvip
· 10h ago
Hold on tight, we're taking off To da moon 🛫
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