PANews reported on December 7 that according to official news, Gate.io has launched PURGE spot trading at 19:00 (UTC+8) on December 6, 2024. Currently, the second phase of Startup's new coin mining PURGE mining is in full swing, and the mining time is from 19:00 on December 6, 2024 to 19:00 on December 18, 2024 (UTC+8). This new coin mining supports users to pledge PURGE or NEAR to participate in mining, and the total mining reward is 5,920,543 PURGE. Among them, the PURGE staking pool is expected to have an annualized return of up to 1192.5%, and the NEAR staking pool is expected to have an annualized return of 880.93%. In addition, holding GT can also "mine multiple coins" and obtain multiple reward income.
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.
