Announcements 4EVERLAND(4EVER): Gate.io Launchpool Initial Offering, Stake to Earn Rewards Hourly!

4EVERLAND(4EVER): Gate.io Launchpool Initial Offering, Stake to Earn Rewards Hourly!

2024-12-09 12:08:19 UTC 17432 Read

4EVER/USDT + 1.33%

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4EVERLAND(4EVER) is now live on Gate.io Launchpool! Stake supported assets to earn 4EVER token rewards every hour!

**1.Introduction to 4EVERLAND(4EVER)**
4EVERLAND is a Web3 cloud computing platform that integrates storage, networking, and computational capabilities. Focused on the DePIN+AI track, 4EVERLAND helps developers smoothly transition from Web2 to Web3, providing infrastructure for millions of Web3 developers and applications.
Website: https://www.4everland.org/

**2.4EVERLAND(4EVER) Mining Rules:**
(1) Staking period: 13:00 PM on December 9th - 9:00 AM on December 22nd(UTC), 2024
(2) Trading starts time: 09:00 AM December 12th, 2024(UTC)
(3) Launchpool allocation: 13,333,334 4EVER

|Staking Period   |Staking Token   |Total Staking Rewards   |Prize Pool Per Hour   |Hourly Reward Cap Per User   |Minimum Staking Amount   |
| ------------ | ------------ | ------------ | ------------ | ------------ | ------------ |
|Phase 1：13:00 PM on December 9th - 9:00 AM on December 12th(UTC), 2024   |ETH   |1,500,000.0 4EVER    |22,058.82 4EVER   |661.76 4EVER   |0.00003 ETH |
|   |GT（Single-Coin Multi-Mining）   |2,000,000 4EVER   |29,411.76 4EVER   |882.35 4EVER   |0.01 GT   |
|Phase 2：9:00 AM on December 12th - 9:00 AM on December 22nd(UTC), 2024   |4EVER   |3,000,000.0 4EVER   |12,500.0 4EVER   |375.0 4EVER   |10.0 4EVER   |
|   |GT（Single-Coin Multi-Mining）   |6,833,334.0 4EVER   |28,472.22 4EVER   |854.17 4EVER   |0.01 GT   |

(4) Unlocking Rule: 100% Unlock

**3.Reward Calculation and Distribution**
(1)ETH/4EVER 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 & GT2 holdings every hour, calculate the average to determine the effective holding amount, and distribute rewards based on that effective holding amount. Hourly rewards for users = (User’s GT holdings + User’s GT2 holdings) / (Total GT holdings of all participants + Total GT2 holdings of all participants) x hourly reward pool.
(3)Token rewards will be distributed into the spot accounts of eligible users hourly.
(4)Users can join ETH/4EVER Staking Pool or "Single-Coin Multi-Mining" GT Pool at the same time to earn rewards from ETH/4EVER pool and GT pool separately.

**4.Token Information:**
(The information below is provided by the 4EVERLAND(4EVER) team. Please follow the website for more information）
(1) Token name: 4EVERLAND(4EVER)
(2) Token symbol: 4EVER
(3) Max Supply: 10,000,000,000 4EVER
(4) Token type: ERC-20
(5) Token Contract: https://etherscan.io/token/0xe355de6a6043b0580ff5a26b46051a4809b12793
(6) Token Distribution and Unlocked Rules:
Node Rewards: 4,000,000,000, 40%, TGE unlocks 0%, vesting 96 months 
Operating Funds: 1,000,000,000, 10%, TGE unlocks 0%, vesting 48 months 
Community Funds: 1,500,000,000, 15%, TGE unlocks 0%,  vesting 48 months 
User Rewards: 500,000,000, 5%, TGE unlocks 100%
Initial Liquidity & MM Fund: 300,000,000, 3%, TGE unlocks 100%
Fundraising: 1,500,000,000, 15%, TGE unlocks 0%, 3 months cliff, vesting 24 months 
Core Team & Consultants: 1,200,000,000, 12%, TGE unlocks 0%, 4 months cliff, vesting 48 months

(7) Website:  https://www.4everland.org
(8) Whitepaper:  https://docs.4everland.org

**5.Gate.io Labs Investment Participating Disclosure**
Gate.io Labs did not participate in the 4EVERLAND(4EVER) investment.

**6.Notice**
(1) Gate.io Launchpool is a staking product in the platform’s Startup series, where users can stake designated tokens to receive rewards from the token pools. 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 "Click here"" target="_blank">Click here</a> to learn more details.
(2) Please complete <a href="https://www.gate.io/myaccount/kyc_home "identity verification"" target="_blank">identity verification</a> before participating in Launchpool to enhance the security of your account and assets.
(3) After the staking ends, the staked assets will be automatically redeemed. 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.
(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/user-agreement "User Agreement"" target="_blank">User Agreement</a> for further details on Restricted Locations.

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Gate.io Team
December 9th, 2024

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