According to the official announcement, Gate.io now supports GRASS spot trading and has started GRASS mining on the Startup new coin mining platform. The mining time is from 16:00 on October 29, 2024 to 16:00 on November 5, 2024 (UTC+8).
It is reported that this new coin mining supports users to pledge GRASS to participate in mining, with an expected annualized return of 265.23% and a total amount of 7,000 GRASS. Grass is a network with more than 2 million users who receive rewards by sharing unused Internet bandwidth with the Grass network. It is understood that Gate.io Startup new coin mining is a staking product of the platform's Startup series, and users can obtain token pool rewards by staking designated tokens.