1.What is Gate.io Launchpool?
Gate.io Launchpool is an innovative staking and airdrop platform where users can stake GT, BTC, ETH, USDT, or other tokens to earn hourly airdrops of hot and new coins. With low entry barriers and high APR, it’s the ultimate platform for effortlessly capturing market opportunities.
2.How can I participate in Gate.io Launchpool?
First, login to your Gate.io account and navigate to the Gate.io Launchpool page. Then, choose the project you want to participate in and stake your assets.
Check the participation guide
3.Which coins can I stake in Gate.io Launchpool?
The tokens eligible for participation will be announced on the mining page of each project. Please visit the corresponding page of Gate.io Launchpool to view more details.
4.How many tokens will be rewarded?
Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool
*The will take multiple snapshots of personal staking amounts each hour, and take the average staking amount as the valid staking amount.
5.How are rewards distributed?
The will take multiple snapshots of personal staking amounts hourly, and token rewards are distributed to eligible users. Hourly earnings will be distributed into users’ spot accounts.
6.When will the staked assets be redeemed?
After the user redeems in advance or the staking is completed, the staked assets will be transferred to Simple Earn by default. If this option is unchecked, the staked assets will be redeemed into spot assets.
-If the amount of redeemed assets is too small and does not meet the minimum claim amount of Simple Earn, the assets will be automatically transferred to spot assets.
-If Simple Earn does not support the claim of the redeemed token, the assets will also be automatically transferred to spot assets.
7.Can I redeem my staked assets at any time?
The will take multiple snapshots of personal staking amounts each hour and calculate the valid staking amount. However, early redemption may result in the loss of accrued rewards. Please maintain stable staking amounts to ensure mining rewards.
In addition, each staking pool imposes a daily redemption limit. Individual users can only withdraw up to 3 times a day per pool. Please plan your redemptions carefully to maximize your rewards and avoid any potential impact on your earnings.
8.Can I add additional staked assets?
You can increase your staked assets at any time. The more tokens you stake, the greater your potential mining rewards. However, once the reward cap is reached, you will no longer receive staking rewards.
9.Can I participate in multiple projects at the same time?
When there are multiple Launchpool projects going on at the same time, you can stake in different pools to receive new token mining rewards for multiple projects.
*Each staking pool needs to be staked separately. If you only stake assets in Pool A, you will not be able to obtain rewards from Pool B. You can stake Pool A and Pool B separately to obtain the corresponding mining rewards of new tokens.
10.What is the maximum mining reward I can receive?
The Hourly Reward Hard Cap Per User for each project is different. Once the cap is reached, no further staking rewards will be granted. Please refer to the relevant announcements or the mining page for the reward hard cap limit for each project.
11.Will staking assets in the Gate.io Launchpool impact my VIP level?
No. assets staked in the Gate.io Launchpool will be included in the assets holdings calculation for Startup free airdrops, Pre-order, Prime and VIP privilege.
12.What will happen to my funds if the project is ended early?
In case of early ending, your staked principal will be automatically redeemed as soon as the project is ended and your last interest will be distributed on the hour after the end time. The interest distribution before the ending will not be affected.
About “Single-Coin Multi-Mining”
“Single-Coin Multi-Mining” is a newly launched staking feature of Gate.io Launchpool that allows users to hold the same asset and receive multiple new token rewards across different staking pools. This feature enables users to manage their assets more efficiently and flexibly, enjoy more earning opportunities, and achieve diversity and maximization of rewards. Gate.io Launchpool now supports GT and ETH “Single-Coin, Multi-Mining”.
1.How to Join “Single-Coin Multi-Mining”?
Participants must separately select and click [Stake] to join the staking pools that support “Single-Coin Multi-Mining” to earn rewards from multiple staking pools.
2.How will my GT holding be calculated if I want to join the “Single-Coin Multi-Mining” GT pool?
The will take multiple snapshots of participants’ GT and GT2 holdings or ETH and ETH2 every hour and take the average as the effective holding amount, and distribute rewards based on that effective holding amount.
3.How many token rewards can I earn?
Hourly Reward = (User GT Holding Amount / Total User GT Holdings in the Pool) x Hourly Reward for the Pool
Each pool has different minimum staking amounts and hourly reward caps; please refer to the respective project announcements for specifics.
4.Can I redeem my asset?
You can unstake in [My Staking].
5.There is no “Single-Coin Multi-Mining” pool on my Gate.io App, why?
Please make sure you have updated your Gate.io App to the latest version (6.33.0) or higher, or you can visit Gate.io to join.
6.How many “Single-Coin Multi-Mining” pools can I participate in at most?
Users can participate in all ongoing “Single-Coin Multi-Mining” pools at the same time.
About Annual Percentage Rate(APR)
1.When the reward coin is the staked coin:
APR = (total rewards released in the last hour / last hour’s total staked) x 365 x 24 x 100%.
2.When the reward coin is NOT the staked coin:
APR = (Total rewards released in the last hour x closing price of the reward coin of the last hour) / (Last hour’s total staked x closing price of the staked coin of the last hour) x 365 x 24 x 100%.
3.Single-Coin Multi-Mining
APR = (Total rewards released in the last hour x closing price of the reward coin of the last hour) / (Last hour’s total average holding of the staked coin x closing price of staked coin of the last hour) x 365 x 24 x 100%.
*The APR is an estimate and for reference only. The actual annualized return you finally receive shall prevail. APR data is updated hourly.
