Announcements DuckChain(DUCK): Gate.io Launchpool Stake to Earn Rewards Hourly!

DuckChain(DUCK): Gate.io Launchpool Stake to Earn Rewards Hourly!

2025-01-12 03:02:54 UTC 31710 Read

DUCK/USDT -14.32%

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

**1.Introduction to DuckChain(DUCK)**
DuckChain is the consumer layer driving mass adoption, empowering Telegram’s billion users to embrace crypto through AI, EVM, and more. It currently serves over 20 million users, including more than 2 million daily active users (DAU) and over 3 million paid users. Top crypto VCs, including dao5, Tandem by Offchain Labs, Kenetic, and many others, have invested in the project.

**2.DuckChain(DUCK) Mining Rules:**
(1) Staking Period: 10:00 AM on January 16th, 2025 - 10:00 AM on Feburary 5th, 2025 (UTC)
(2) Total Staking Rewards: 2,425,000 DUCK
(3) Staking Pool: DUCK 
-Staking Rewards: 2,425,000 DUCK
-Prize Pool Per Hour: 5,052.08 DUCK
-Hourly Reward Cap Per User: 101.04 DUCK
-Maximum Staking Amount: 1,000,000 DUCK
-Minimum Staking Amount: 2 DUCK
(4) 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.

**4.Token Information:**
(The information below is provided by the DuckChain(DUCK) team. Please follow DuckChain(DUCK) for more information）
(1) Token Name: DuckChain
(2) Token Symbol: DUCK
(3) Max Supply: 10,000,000,000
(4) Token type: TON
(5) Smart Contract Address: https://tonviewer.com/EQDWXjnVWheFemaAaFn-Cp4nDehvGllrXOZ8wqHm8sDEwn_c 
(6) Token distribution ratio and unlocking rules:
Airdrop (50%): 50% of $DUCK tokens are allocated to the community through airdrop campaigns, ensuring widespread distribution and adoption. The airdrop targets key user groups, including DuckChain Miniapp users, on-chain event participants, and AI DAO Genesis Members, rewarding active engagement and loyalty across the DuckChain ecosystem.
Liquidity (4%): 4% of tokens are reserved for liquidity provisioning, ensuring smooth operations within the DuckChain DeFi ecosystem and facilitating seamless transactions.
Marketing (3%): 3% of tokens are reserved for marketing initiatives to drive awareness, user engagement, and promote DuckChain’s expansion.
Ecosystem Growth (20%): 20% of tokens are allocated to support the development of the DuckChain ecosystem, including grants, dApp development, and partnerships to foster growth and sustainability.
Investor (10%)：10% of $DUCK tokens are reserved for investors who have supported DuckChain, contributing to its initial growth and infrastructure.
Team (10%)：10% of $DUCK tokens are allocated to the DuckChain team, ensuring the motivation and long-term commitment of the project’s core contributors.
Advisor (3%)：3% of $DUCK tokens are set aside for advisors, offering them a stake in the project for their strategic guidance and support.
(7) Website: https://duckchain.io/ 
(8) Whitepaper: https://diary.duckchain.io/

**5.Gate.io Labs Investment Participating Disclosure**
Gate.io Labs did  participate in the DuckChain(DUCK) 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" target="_blank" title="Click here">Click here</a> to learn more details.
(2) Please complete <a href="https://www.gate.io/myaccount/kyc_home" target="_blank" title="identity verification">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" target="_blank" title="User Agreement">User Agreement</a> for further details on Restricted Locations.
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Gate.io Team
Jan 12th, 2025

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