PANews reported on October 29 that according to the official announcement, Gate.io now supports GRASS spot trading and has started GRASS mining on the Startup new coin mining platform. The mining time is from 16:00 on October 29, 2024 to 16:00 on November 5, 2024 (UTC+8). It is reported that this new coin mining supports users to pledge GRASS to participate in mining, with an expected annualized return of up to 265.23% and a total quota of 7,000 GRASS. Grass is a network with more than 2 million users who are rewarded by sharing unused Internet bandwidth with the Grass network.
It is understood that Gate.io Startup new coin mining is a staking product of the platform's Startup series. Users can obtain token pool rewards by staking designated tokens. This mining service has the characteristics of low threshold, high annualized return, flexible staking, and hourly reward distribution. It can also achieve multiple mining of one coin by holding GT and obtain multiple benefits.
