Announcements Announcement on the Reissuance of Rewards for Launchpool Moca Coin (MOCA)

Announcement on the Reissuance of Rewards for Launchpool Moca Coin (MOCA)

2024-07-13 14:48:44 UTC 24734 Read

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In response to community feedback regarding the Moca Coin (MOCA) Launchpool rewards, we have checked and corrected the issue. The rewards for participating in the Moca Coin (MOCA) Launchpool will be reissued within three days. No additional action is required from participants. Please wait patiently and check your spot asset account.

**Updated reward rules:**
1.The number of GT staked by users will be adjusted to the actual amount staked at the end of the activity.
2.The reissued staking rewards will be calculated as follows: (User’s vaild GT staking amount / Total GT staked by users )* (Total reward pool - Total Rewards already distributed).

**Original Moca Coin (MOCA) Launchpool reward rules:**
1.Users who choose to participate and stake assets in each staking pool will receive Launchpool rewards after staking for 12 hours.
2.The rewards will be distributed to eligible users' spot accounts daily at 08:00 (UTC+8).
3.Daily staking rewards = User’s valid staked asset amount / Total available staking amount * Daily reward pool.
4.During the staking period, users can add or redeem staked funds at any time. Redeeming staked funds early will result in the loss of the day's staking rewards.

Launchpool allows users to earn rewards by staking or providing liquidity for new projects. Users can stake designated tokens in the Launchpool pool to earn corresponding project token rewards.
<a href="https://www.gate.io/startup-mining?gt_disable_intercept_jump=1&needNavBar=0" target="_blank">Visit Launchpool for more information.</a>

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Gate.io Team
July 13th, 2024

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Announcement on the Reissuance of Rewards for Launchpool Moca Coin (MOCA)

Announcement on the Reissuance of Rewards for Launchpool Moca Coin (MOCA)

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