Open Loot (OL) will be listed on gate Startup. Mining: Earn stake rewards every hour and invite for additional earnings!

Open Loot(OL) will be listed on gate Startup new coin Mining! You can earn OLToken rewards every hour by staking specified Tokens. Now invite friends to participate in Startup new coin Mining and have the chance to get up to 10% Mining yield bonus!

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1.Open Loot(OL)Mining rules (1) Mining time: December 16, 2024, 21:00 PM - January 6, 2025, 21:00 PM (UTC+8) (2) Total prize pool of Mining: 3,000,000 OL

|stakeToken |Total reward Token quantity |Reward Token quantity per hour |Individual hourly reward cap |Minimum stakeToken quantity | | ------------ | ------------ | ------------ | ------------ | ------------ | |OL |500,000 OL |992.06 OL |29.76 OL |0.5 OL | |GT |1,288,000 OL | 2,555.56 OL |25.56 OL |0.01 GT | |BTC | 1,200,000 OL |2,380.95 OL | 23.81 OL |0.000001 BTC |

**🌟Invitation Prize Pool: 12,000 OL Successfully inviting friends to participate in Startup new coin Mining can earn Mining yield bonus, up to 10% bonus, and share 12,000 OL invitation pool! First come, first served! View More Invitation Rules

(3) Unlocking method: 100% unlocked

2. Reward Calculation and Distribution (1) The system will take snapshots of the user's stakeToken quantity every hour, and take the average stake quantity as the individual effective stake quantity. The hourly stake income = (individual's latest 1-hour effective stake quantity / total stake quantity of pool users) × hourly prize pool (2) The system will reward users who meet the requirements with Token rewards, and the hourly earnings will be deposited into the users' spot accounts. (3) Users can participate in the OL/GT/BTCstake pools simultaneously and receive Mining rewards from the OL/GT/BTCstake pools respectively.

3. Introduction to Open Loot (OL) Project Open Loot is a Web3 game publishing platform and market, designed to assist game developers and publishers in market promotion, distribution, user experience, payment, and other aspects. Official website: https://openloot.com/

4. Note (1) gate Startup's new coin Mining is a stake product in the Startup series of the platform, where users can stake specified Tokens to earn rewards from the Token pool. Before participating in Startup new coin Mining, please make sure you fully understand the participation rules for each project. Click here to learn more about the participation rules. (2) Participants need to complete identity verification to ensure the security of your account and assets. (3) After the stake is completed, the stake assets will be automatically redeemed upon expiration. During the stake process, users can increase or redeem stake funds at any time. After early redemption or the end of stake, the stake funds will be automatically transferred to the Balance Treasure by default. If the option is unchecked, the funds will be returned to the spot assets. If the redeemed asset amount is too small and does not meet the minimum subscription amount of the Balance Treasure, the assets will be automatically transferred to spot assets. If the Balance Treasure does not support the subscription of the redeemed currency, the assets will also be automatically transferred to spot assets. (4) It is strictly prohibited to register small accounts in batches, maliciously register multiple accounts, or engage in any cheating behaviors. Otherwise, the qualification for the prize will be cancelled. (5) If there are any differences between the translated version and the English version, the English version shall prevail. (6) gate has the final interpretation right of this activity. (7) This event is not associated with Apple Inc. Users in the UK and other restricted areas are unable to use all or part of the services (including participating in this event, games, or competitions). For more information about restricted areas, please read the User Agreement.

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Gate.io 2024年12月16日