What is GT Mining? How to Use GT Mining to Earn Profits?
GT mining is a product launched by Gate Web3 to serve users' demand for stable income. Users only need to stake GT to obtain stable income with ultra-low risk.
Experience it now: https://www.gate.com/web3/mining/gt
How to Use GT Mining to Earn Profits?
Web
Go to the GT Mining page and click “Connect Wallet” in the upper right corner.
In the "Node" section, select the node you want to participate in staking and click on "Stake."
In the pop-up window, fill in the quantity of GT you want to stake (≥ 1 GT), view and confirm the staking information, click “Confirm,” and sign the transaction to complete the staking.
In the “Investment Portfolio” section of the page, you can view and cancel the staking and receive the proceeds from it.
App Go to Gate App and click on “Web3” at the top of the interface to enter the Web3 interface. Click on “Earn” - swipe left and select “GT Mining.”
Scroll down to the page, select the node you want to participate in staking in the “Node” section, and click on “Stake.”
In the pop-up window, fill in the quantity of GT you want to stake (≥ 1 GT), view and confirm the staking information, click “Confirm,” and sign the transaction to complete the staking.
In the “Investment Portfolio” section of the interface, you can view and cancel the staking, as well as receive the proceeds from the staking.
FAQ
1.Why Can Participating in Staking GT Earn Profits? Users need to stake their tokens to the selected verification nodes. By staking, it is equivalent to voting for these nodes. When a node successfully generates a block and receives a block reward, the reward will be proportionally distributed to all users who support the node. This method allows users to participate in network maintenance and earn profits by staking tokens.
2.What Are the Risks of Participating in Staking?
1.Poor node performance: If the selected verification node performs poorly or behaves wickedly, it may decrease profits or punishment for the staked tokens.
2.Market volatility: The value of staked tokens may decrease with market fluctuations.
3.Technical risk: There is a risk of technical vulnerabilities or attacks on smart contracts or staking platforms.