STIX(STIX) to Be Launched on Gate Launchpool: Stake to Earn Mining Rewards Hourly! | Gate

20-12-2024 02:42 (UTC)
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STIX(STIX) is now live on Gate Launchpool! Stake supported asset to earn STIX token rewards every hour!

1.STIX(STIX) Mining Rules
(1) Staking Period: 4:00 AM on December 20th, 2024 - 4:00 AM on December 24th, (UTC), 2024
(2) Total Rewards: 4,200,000 STIX

Staking Pool Total Staking Rewards Prize Pool Per Hour Hourly Reward Cap Per User Minimum Staking Amount
STIX 4,200,000 STIX 43,750 STIX 3,062.5 STIX 100 STIX

(3)Unlocking Rule: 100% Unlock

2.Reward Calculation and Distribution
(1) 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) Token rewards will be distributed into the spot accounts of eligible users hourly.

3.Introduction to STIX(STIX)
STIX achieves several objectives. First, meme creators have the chance to earn big rewards for their content if they win many votes from the community. Second, community members and speculative users can place bets through their votes, participating in prediction markets based on memes that originate from popular memecoins or other crypto projects. Third, it provides an easy-to-use AI generator tool for memes to facilitate User-Generated Content. Fourth, it onboards Web2 Stickerly users to crypto with a Meme-to-Earn system.
Website: https://stix.lol/

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 Launchpool 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
December 20th, 2024

Disclaimer

The content provided herein is for reference and educational purposes only and does not constitute any financial, investment, trading, or legal advice, nor does it constitute an offer or solicitation to buy or sell any digital assets. Gate makes no express or implied representations or warranties regarding the accuracy, completeness, or timeliness of the information contained herein. Product features, interfaces, rules, and fee structures may be updated or adjusted at any time. Please refer to the latest announcements and the actual information displayed on the Gate platform for the most accurate details.
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