Announcements Introducing Catizen (CATI) on Launchpool: Stake to Earn Mining Rewards!

Introducing Catizen (CATI) on Launchpool: Stake to Earn Mining Rewards!

2024-09-20 12:11:58 UTC 29611 Read

CATI/USDT -3.62%

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About Gate.io Launchpool Program
Launchpool is a platform where users can stake their assets or provide liquidity to earn rewards in new project tokens. Users can lock specified tokens in the Launchpool pool to receive corresponding project token rewards.
<a href="https://www.gate.io/startup-mining?gt_disable_intercept_jump=1&needNavBar=0" target="_blank">Visit Launchpool and learn more</a>

**1.Introduction to “Launchpool” Project Catizen (CATI)**
Catizen is a unique, cat-themed social entertainment ecosystem on Telegram that combines fun interactions with the power of TON and Mantle. As a revolutionary gaming bot, Catizen not only simplifies access to Web3 but also makes mobile payments seamless, transforming the way users interact in the decentralized world.
Moreover, Catizen adopts a “PLAY-TO-AIRDROP” model, rewarding players with tokens, which is an innovation in Web3 gameplay.
Website: https://www.catizen.ai/

**2.Catizen (CATI) Launchpool Rules**
(1) Launchpool Duration: 2:00 AM on September 21st - 2:00 AM on October 1st (UTC), 2024
(2) Mining Pool: CATI
-Total Staking Rewards: 10,753.0 CATI
-Prize Pool Per Hour: 44.8 CATI
-Hourly Reward Cap Per User: 4.48 CATI
-Minimum Staking Amount: 1.0 CATI
-Unlocking Rule: 100% Unlock
(3) Mining Pool: GT
-Total Staking Rewards: 21,505.0 CATI
-Prize Pool Per Hour: 89.6 CATI
-Hourly Reward Cap Per User: 8.96 CATI
-Minimum Staking Amount: 0.5 GT
-Unlocking Rule: 100% Unlock

**3.Participation Rules**
(1) Users can join CATI or GT mining pool at the same time to earn rewards from CATI pool and GT pool separately.
(2) The system 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.
(3) Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool
(4) Users can increase or redeem the staked assets at any time during the staking period.

**4.Notice**
(1) The system will take multiple snapshots of personal staking amounts each hour, and take the average staking amount as the valid staking amount.
(2) After the staking ends, the staked assets will be automatically redeemed.
(3) 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 subscription amount of Simple Earn, the assets will be automatically transferred to spot assets. Additionally, if Simple Earn does not support the subscription of the redeemed token, the assets will also be automatically transferred to spot assets.
(4) Before participating in Launchpool, please ensure that you fully understand the participation rules. <a href="https://www.gate.io/help/guide/faq/37021/startup-mining-faq" target="_blank">Click here</a> to learn more details.
(5) The use of duplicate accounts and any other cheating behaviors are strictly prohibited. Any cheating behavior will result in disqualification for receiving rewards.
(6) Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
(7) Gate.io reserves all rights to the final explanation.
(8) This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the <a href="https://www.gate.io/user-agreement" target="_blank">User Agreement</a> for further details on Restricted Locations.

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Gate.io Team
September 20,2024

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Introducing Catizen (CATI) on Launchpool: Stake to Earn Mining Rewards!

Introducing Catizen (CATI) on Launchpool: Stake to Earn Mining Rewards!

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