Gate will list MAG7.ssi(MAG7SSI) for spot trading at 9:30 AM on January 25th, 2025 (UTC). Users can stake SOSO on Gate Launchpool to share 50,510 MAG7SSI token airdrops for free.
1.Introduction to MAG7.ssi(MAG7SSI)
MAG7.SSI is a flagship investment product crafted by SoSoValue, designed to capture systematic β returns in the crypto industry by leveraging strong social consensus, ample liquidity, and high risk resistance. The portfolio features 7 top tokens by market capitalization, offering diversified exposure to the most robust and influential assets in the crypto space.
2.MAG7.ssi(MAG7SSI) Mining Rules:
(1) Staking Period: 7:00 AM on January 25th, 2025 - 7:00 AM on February 8th, 2025 (UTC)
(2) Total Staking Rewards: 50,510 MAG7SSI
(3) Staking Pool: SOSO
-Staking Rewards: 50,510 MAG7SSI
-Prize Pool Per Hour: 150.32 MAG7SSI
-Hourly Reward Cap Per User: 15.03 MAG7SSI
-Maximum Staking Amount: 10,000 SOSO
-Minimum Staking Amount: 0.1 SOSO
(4) Unlocking Rule: 100% Unlock
3.Reward Calculation and Distribution
The system will distribute token rewards to users' spot accounts every hour based on the proportion of assets staked by each user.
Gate Launchpool FAQ
4.MAG7.ssi(MAG7SSI) Spot Trading:
Trading Starts: 9:30 AM on January 25th, 2025 (UTC)
Deposit MAG7SSI: https://www.gate.com/myaccount/deposit/MAG7SSI
Trade MAG7SSI in USDT market via: https://www.gate.com/trade/MAG7SSI_USDT
5.Token Information:
(The information below is provided by the MAG7.ssi(MAG7SSI) team. Please follow MAG7.ssi(MAG7SSI) for more information）
(1) Token Name: MAG7.ssi
(2) Token Symbol: MAG7SSI
(3) Token Contract: https://basescan.org/token/0x9E6A46f294bB67c20F1D1E7AfB0bBEf614403B55
(4) Website: https://ssi.sosovalue.com/
6.Gate Labs Investment Participating Disclosure
Gate Labs did not participate in the MAG7.ssi(MAG7SSI) investment.
7.Notice
(1)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. Before participating in Launchpool, please ensure that you fully understand the participation rules. Click here to learn more details.
(2) Please complete identity verification before participating in Startup Mining to enhance the security of your account and assets.
(3) After the staking ends, the staked assets will be automatically redeemed. 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.
(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
Jan 25th, 2025
