PANews reported on December 16 that according to official news, Gate.io has launched OpenLoot (OL) new coin mining for a limited time at 21:00 (UTC+8) on December 16, 2024. Users can flexibly stake OL, BTC and GT to earn generous OL rewards every hour. Among them, the expected annualized return of OL is as high as 1086.31%, the expected annualized return of GT staking pool is 11%, and the expected annualized return of BTC staking pool is 12.2%. Invite friends to enjoy another 10% staking income bonus.

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. The new coin 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.