Gate Launchpool has started its 380th GT (GateToken) Launchpool event, running from Sept. 30 at 12:00 to Oct. 21 at 12:00 (UTC+8), according to an official announcement. The campaign allows users to join by staking BTC or ETH, with minimum participation thresholds set at 0.000001 BTC or 0.00003 ETH.
The total reward pool is 18,400 GT, with the platform saying the rewards are worth as much as $200,000. Airdrop rewards will be distributed automatically every hour to users’ spot accounts based on their share of staked assets. Gate said rewards in this round are 100% unlocked.
Each of the two pools carries 9,200 GT in rewards. The ETH pool currently shows an APR of 12.64%, with total liquid staking volume at 5,459.85 ETH. The BTC pool also offers 9,200 GT and currently shows an APR of 7.91%, with total liquid staking volume at 265.75 BTC. Gate said the event adds more ways for BTC and ETH holders to use their assets while giving users a more flexible way to participate in Launchpool.
Gate Launchpool has opened its 380th GT (GateToken) Launchpool event from Sept. 30 at 12:00 to Oct. 21 at 12:00 (UTC+8), according to an official announcement.
Users holding BTC or ETH can take part by staking their assets. The minimum staking amount is 0.000001 BTC or 0.00003 ETH.
Reward pool and distribution
The event offers total rewards of 18,400 GT, which Gate said are worth up to $200,000. Airdrop rewards will be sent automatically every hour to users’ spot accounts based on each user’s share of the staked assets. Rewards in this round are 100% unlocked.
Pool data for ETH and BTC
The ETH pool offers 9,200 GT in rewards. Its current APR is 12.64%, and total liquid staking volume stands at 5,459.85 ETH.
The BTC pool also offers 9,200 GT in rewards. Its current APR is 7.91%, and total liquid staking volume stands at 265.75 BTC.
Gate said the campaign expands asset-use options for BTC and ETH holders and gives users a more flexible way to join Launchpool.
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