Announcements Introducing Fightly(SFT) on Startup Mining: Stake to Earn Mining Rewards!

Introducing Fightly(SFT) on Startup Mining: Stake to Earn Mining Rewards!

2024-10-23 09:27:36 UTC 17367 Read

SFT/USDT -11.67%

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About Gate.io Startup Mining Program
Gate.io Startup Mining is a staking product in the platform’s Startup series, where users can stake designated tokens to receive rewards from the token pools.
[Visit Startup Mining and learn more](https://www.gate.io/startup-mining?gt_disable_intercept_jump=1&needNavBar=0 "Visit Startup Mining and learn more")

1.Introduction to "Startup Mining" Project  Fightly(SFT)
Fightly is an exciting multiplayer battle royale game built on the Solana blockchain, offering fast-paced, real-time battles where players compete globally. With a large map filled with diverse landscapes and hidden treasures, the game offers endless exploration and adventure. Players can earn unique NFTs and Fightly tokens as rewards for achievements and victories, adding an economic aspect that allows trading or investing in the in-game economy. This combination of action, exploration, and rewards keeps players engaged, making each match unpredictable and thrilling. Fightly’s dynamic gameplay ensures that players experience something new and rewarding with every session.
Website: https://fightly.io/

2.Fightly(SFT) Mining Rules
(1) Staking Period: 10:00 AM on October 24th - 10:00 AM on October 31st (UTC), 2024
(2) Staking Pool: SFT
   -Total Staking Rewards: 10,753 SFT
   -Prize Pool Per Hour: 64 SFT
   -Hourly Reward Cap Per User: 6.4 SFT
   -Minimum Staking Amount: 0.5 SFT
   -Unlocking Rule: 100% Unlock
(3) Staking Pool: ETH
   -Total Staking Rewards: 21,505 SFT
   -Prize Pool Per Hour: 128 SFT
   -Hourly Reward Cap Per User: 8.96 SFT
   -Minimum Staking Amount: 0.001 ETH
   -Unlocking Rule: 100% Unlock

3.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)Users can join SFT and ETH Staking Pool at the same time to earn rewards from SFT pool and ETH pool separately.

**4.Notice**
(1) The system will take multiple snapshots of personal staking amounts each hour, and take the average staking amount as the valid staking amount.
(2) After the staking ends, the staked assets will be automatically redeemed.
(3) 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) Before participating in Startup Mining, please ensure that you fully understand the participation rules. [Click here](https://www.gate.io/help/guide/faq/37021/startup-mining-faq "Click here") to learn more details.
(5) The use of duplicate accounts and any other cheating behaviors are strictly prohibited. Any cheating behavior will result in disqualification for receiving rewards.
(6) Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
(7) Gate.io reserves all rights to the final explanation.
(8) 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](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.

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Gate.io Team
October 23rd，2024

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Introducing Fightly(SFT) on Startup Mining: Stake to Earn Mining Rewards!

Introducing Fightly(SFT) on Startup Mining: Stake to Earn Mining Rewards!

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