PANews reported on November 6 that according to the official announcement, Gate.io will launch PGC trading at 20:00 (UTC+8) on November 12, 2024. PGC mining will now be launched on the Startup new coin mining platform, and the mining time will be from 20:00 on November 6, 2024 to 20:00 on November 22, 2024 (UTC+8). It is reported that this new coin mining supports users to pledge PGC or USDT to participate in mining. In addition, holding GT can also "mine multiple coins with one coin". Among them, the expected annualized return of staking PGC is as high as 730%, with a total amount of 40,000,000 PGC.
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 with one coin by holding GT and obtain multiple benefits.
