gate Startup new coin Mining now supports holding ETH and ETH2 for "one coin, multiple mining"

In order to further enrich user mining options and increase revenue, gate Startup's new coin mining will not only support holding GT for 'one coin, multiple mining', but also add holding ETH and ETH2 for 'one coin, multiple mining'!

The specific rules are as follows: The system will take multiple snapshots of the ETH and ETH2 holdings of participating users in the spot or margin account every hour, take the average value as the effective holdings, calculate and distribute rewards based on the effective holdings every hour. Users can check the earnings in the 【Rewards】. 2. Hourly reward = (Total ETH holdings of participating users + Total ETH2 holdings of participating users) / (Total ETH holdings of all participating users + Total ETH2 holdings of all participating users) x Hourly reward pool. 3. At the same time, users can participate in all 'One Coin Multiple Mining' ETH staking pools. 4. The 'One Coin, Multiple Mining' ETH staking project will be launched soon. Please pay close attention to our official announcements and social media for the latest information.

Participate in Startup Mining for new coins and earn profits every hour: https://www.gate.io/startup-mining

**What is "one coin multiple mining"? "One Coin Multiple Mining" is a staking function launched by Startup's new coin Mining, which allows users to hold the same asset and receive multiple new coin rewards in multiple staking pools. Users can manage their assets more efficiently and flexibly, enjoy more opportunities for income, and achieve diversity and maximization of returns.

Notes

1. ETH is the native cryptocurrency of Ethereum. ETH2 represents the ETH locked in PoS Mining on the gate platform and delegated to the ETH2.0 network. Users can obtain it through ETH2.0 Mining.
2. The gate Startup new coin Mining is a staking product in the Startup series of the platform, where users can obtain token pool rewards by staking specified tokens. Before participating in the Startup new coin Mining, please make sure you fully understand the participation rules of each project. Click here to learn more about the participation rules.
3. Please make sure you have updated the gate App to version 6.33.0 or above. You can also visit the gate official website to participate.
4. If there is any discrepancy between the translated version and the original English version, the English version shall prevail.
5. gate reserves the final right of interpretation.
6. Users in the UK and other restricted areas may not be able to use all or part of the services. For detailed information about restricted areas, please read the User Agreement.

Gate.io December 30, 2024