Announcements Introducing Startup Mining NAWS.AI (NAWS) : Stake to Earn Rewards Hourly!

Introducing Startup Mining NAWS.AI (NAWS) : Stake to Earn Rewards Hourly!

2024-10-09 06:25:30 UTC 207682 Read

NAWS/USDT -8.28%

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**About Gate.io Startup Mining**
Gate.io Startup Mining is a staking product in the platform’s Startup series, where users can stake designated tokens to receive rewards from the token pools.
<a href="https://www.gate.io/startup-mining?gt_disable_intercept_jump=1&needNavBar=0" target="_blank">Visit Startup Mining and learn more</a>

1.Introduction to “Startup Mining” Project NAWS.AI (NAWS) 
NAWS is a no-code platform for users to sell Web2, Web3 content, and DePIN vouchers. The P2P Crypto Payment system uses DEX AI aggregators for secure, low-cost payments, allowing users to choose tokens for transactions. Foundations and projects can onboard their tokens to grow their ecosystems. NAWS Quest rewards user activity with points convertible to tokens. NAWS tokens are used for content purchases, reducing transaction fees and subscriptions. As market share grows, token supply decreases. Liquidity pools with partner coins enhance liquidity and expand NAWS’ influence in the crypto market.
Website: https://naws.ai

2.NAWS.AI (NAWS) Mining Rules
(1) Startup Mining Duration: 10:00 AM on October 9th - 10:00 AM on October 14th (UTC), 2024
(2) Staking Pool: NAWS
   -Total Staking Rewards: 500,000.0 NAWS
   -Prize Pool Per Hour: 4,166.66 NAWS
   -Hourly Reward Cap Per User: 416.67 NAWS
   -Minimum Staking Amount: 10.0 NAWS
   -Unlocking Rule: 100% Unlock
(3) "Single-Coin Multi-Mining" GT Pool
   -Total Staking Rewards: 1,000,000.0 NAWS
   -Prize Pool Per Hour: 8,333.33 NAWS
   -Hourly Reward Cap Per User: 583.33 NAWS
   -Minimum Staking Amount: 0.01 GT
   -Unlocking Rule: 100% Unlock

3.Reward Calculation and Distribution
(1) NAWS Staking Pool: The system will take multiple snapshots of personal staking amounts hourly, and take the average staking amount as the valid staking amount. Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool
(2) "Single-Coin Multi-Mining" GT Pool: The system will take multiple snapshots of the participants' GT holdings every hour, calculate the average to determine the effective holding amount, and distribute rewards based on that effective holding amount. Hourly Reward = (User GT Holding Amount / Total User GT Holdings in the Pool) x Hourly Reward for the Pool.
(3) Token rewards will be distributed into the spot accounts of eligible users hourly.
(4) Users can join NAWS Staking Pool or "Single-Coin Multi-Mining" GT Pool at the same time to earn rewards from NAWS pool and GT pool separately.

**4.Notice**
(1) After the staking ends, the staked assets will be automatically redeemed. Participants of "Single-Coin Multi-Mining" do not need to manually redeem their GT token.
(2) Users can increase or redeem the staked assets at any time during the staking period. 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.
(3) Please update your Gate.io App to the latest version (6.33.0) or higher, or visit Gate.io’s official website to join "<a href="https://www.gate.io/announcements/article/39718" target="_blank">Single-Coin Multi-Mining</a>" GT Pool. Before participating in Startup Mining, 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.
(4) The use of duplicate accounts and any other cheating behaviors are strictly prohibited. Any cheating behavior will result in disqualification for receiving rewards.
(5) Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
(6) Gate.io reserves all rights to the final explanation.
(7) 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/zh/user-agreement" target="_blank"> User Agreement</a> for further details on Restricted Locations.

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Gate.io Team
Oct 9th，2024

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Introducing Startup Mining NAWS.AI (NAWS) : Stake to Earn Rewards Hourly!

Introducing Startup Mining NAWS.AI (NAWS) : Stake to Earn Rewards Hourly!

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