Announcements EARNM (EARNM) to Be Launched on Gate.io Launchpool: Stake to Earn Rewards Hourly!

EARNM (EARNM) to Be Launched on Gate.io Launchpool: Stake to Earn Rewards Hourly!

2024-12-17 08:07:22 UTC 14014 Read

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EARNM (EARNM) is now live on Gate.ioLaunchpool! Stake supported assets to earn EARNM token rewards every hour!

1.Introduction to EARNM (EARNM) 
EARN’M is a leading DePIN Rewards ecosystem with a community of over 45M users. $EARNM converts your everyday mobile activity into rewards by leveraging data and user attention as currency. EARN’M enables platforms to generate sustainable on-chain revenue through innovations like the Fractal Box Protocol, EARN’M SmartWallet, and EarnOS. The team behind EARN'M was Ranked #1 by Deloitte as North America’s fastest-growing company in 2023 (with a 32,481% growth rate), EARN’M team has 7+ years of success, generating over $70M in Web2 and Web3 revenue, and delivering $350M earned and saved by users.

2.EARNM (EARNM)  Mining Rules:
(1) Mining Period: 14:00 PM on December 19th, 2024 - 14:00 PM on January 18th, 2025
(2) Total Mining Rewards: 7,352,942 EARNM

|Staking Pool |Total Staking Rewards |Prize Pool Per Hour |  Hourly Reward Cap Per User| Minimum Staking Amount|
| ------------ | ------------ | ------------ | ------------ | ------------ |
|EARNM   |2,000,000 EARNM   |2,777.77 EARNM   | 83.33 EARNM  |2 EARNM   |
| GT   | 5,352,942 EARNM  |7,434.64 EARNM   |223.04 EARNM   |0.01 GT   |

(6) Unlocking Rule: 100% Unlock

3.Reward Calculation and Distribution
(1) 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) Token rewards will be distributed into the spot accounts of eligible users hourly.
(3) Users can join EARNM/GT Pool at the same time to earn rewards from EARNM/GT pool separately.

4.Token Information:
(The information below is provided by the EARNM (EARNM) team. Please follow the website for more information）
(1) Token name: EARNM
(2) Token symbol: EARNM
(3) Max Supply: 5,000,000,000 EARNM
(4) Token type: Polygon
(5) Token Contract: https://polygonscan.com/address/0xaeb3DD897Ade187B9F9e4c491Bc7A81F69F7093E  
(6) Token Distribution and Unlocked Rules:

|Category   |Vesting Details   |
| ------------ | ------------ |
|Community Treasury   |Treasury tokens used for the expansion of 
the network and Fractal Asset grants. Distribution is undefined.   |
|Early Backers   |1.5% at TGE, 2-month cliff, then daily vesting over 10 months.   |
|Core Team   |0% at TGE, 12-month cliff, then daily vesting over 24 months.   |
| Advisors  |0% at TGE, 12-month cliff, then daily vesting over 24 months.   |
|KOL Round   |10% at TGE, 2-month cliff, then daily vesting over 9 months.   |
|Community Round   |15% at TGE, 2-month cliff, then daily vesting over 7 months.   |
|Strategic Partners Round   |0% at TGE, 2-month cliff, then daily vesting over 12 months.   |

(7) Website:  https://earnm.com  
(8) Whitepaper: N/A
(9) Token information: https://polygonscan.com/address/0xaeb3DD897Ade187B9F9e4c491Bc7A81F69F7093E

5.Gate.io Labs Investment Participating Disclosure
Gate.io Labs did not participate in the EARNM (EARNM) investment.

6.Notice
(1) Gate.ioLaunchpool 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 inLaunchpool, 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 inLaunchpool 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 17th, 2024

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EARNM (EARNM) to Be Launched on Gate.io Launchpool: Stake to Earn Rewards Hourly!

EARNM (EARNM) to Be Launched on Gate.io Launchpool: Stake to Earn Rewards Hourly!

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