PANews reported on October 30 that according to the official announcement, Gate.io now supports COOK spot trading and has launched COOK mining on the Startup new coin mining platform. The mining time is from 19:00 on October 29, 2024 to 19:00 on November 5, 2024 (UTC+8). It is reported that this new coin mining supports users to pledge COOK or GT to participate in mining, of which the expected annualized return of pledged COOK is 1481.92%, with a total amount of 1,000,000 COOK. In addition, the Gate.io Startup Task Square has simultaneously launched a COOK airdrop event, and you can share 150,000 COOK free airdrops by completing simple tasks.
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.