PANews reported on November 11 that according to the official announcement, Gate.io will launch Ola (OLA) spot trading at 18:00 (UTC+8) on November 15, 2024. OLA new coin mining is now open for a limited time. The mining time is from 18:00 on November 10, 2024 to 18:00 on November 15, 2024 (UTC+8). The total mining amount is 2,100,840 OLA. Users can earn OLA rewards by staking USDT and BTC, and enjoy an expected annualized return of 18.25%. Rewards are distributed every hour.

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.