GT is an asset I’ve always held. Normally, besides using it for activities within the Gate ecosystem, I also regularly participate in Launchpool.

After using it for a while, I think the biggest advantage of this model for me is that I don’t need to perform any complicated operations specifically for mining. I already hold GT, so I can simply stake it and let the rewards accumulate automatically every hour. Once the event ends, I withdraw my assets. The whole process is pretty seamless.

After participating in several rounds, I’ve gotten into the habit of looking at the current prize pool size, APR, and my GT holdings before deciding whether to put in more GT. I don’t blindly participate in every event I see.

This time, when I saw that the $GT mining pool’s APR exceeded 200% at one point during the 375th round, I found the yield quite attractive, so I put part of my GT holdings into mining $MCAT .

GT is an asset I plan to hold long term anyway. Rather than simply leaving it idle, I’m more inclined to participate when there’s an opportunity to earn additional returns. For this 2 million MCAT prize pool, I decided to start mining first and see how it goes.

Stake now:

More details: