Announcements Introducing ReflectionAI (RECT)on Startup Mining: Stake to Earn Mining Rewards!

Introducing ReflectionAI (RECT)on Startup Mining: Stake to Earn Mining Rewards!

2024-10-31 07:36:35 UTC 7314 Read

RECT/USDT + 0.42%

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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 ReflectionAI (RECT)
Reflection AI is a decentralized platform designed for AI model collaboration, allowing users to share, acquire, and trade AI models for profit. It creates an open ecosystem where users can upload their models for monetization or explore and purchase others’ models for a variety of applications. Through continuous optimization based on user interactions, feedback, and data, Reflection empowers individuals to develop personalized AI-driven avatars. The platform’s incentive mechanism, backed by Web3 smart contracts, ensures transparency, security, and fair treatment of contributions, fostering a privacy-focused environment that enhances user engagement and trust.
Website: https://www.reflectionai.app/

2.ReflectionAI (RECT) Mining Rules
(1) Staking Period: 10:00 AM on October 31st - 10:00 AM on November 15th(UTC), 2024
(2) Staking Pool: RECT
   -Total Staking Rewards: 50,000 RECT
   -Prize Pool Per Hour: 138.88 RECT
   -Hourly Reward Cap Per User: 13.89 RECT
   -Minimum Staking Amount: 0.2 RECT
   -Unlocking Rule: 100% Unlock
(3) Staking Pool: ETH
   -Total Staking Rewards: 100,000 RECT
   -Prize Pool Per Hour: 277.77 RECT
   -Hourly Reward Cap Per User: 19.44 RECT
   -Minimum Staking Amount: 0.00001 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 RECT and ETH Staking Pool at the same time to earn rewards from RECT pool and ETH pool separately.

**4.Notice**
(1) After the staking ends, the staked assets will be automatically redeemed. 
(2) 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.
(3) 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.
(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.io 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](https://www.gate.io/user-agreement "User Agreement") for further details on Restricted Locations.
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Gate.io Team
Oct 31st, 2024

Introducing ReflectionAI (RECT)on Startup Mining: Stake to Earn Mining Rewards!

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