Glacier Network(GLS) Startup Mining Initial Offering on Gate.io

Glacier Network (GLS) is now live on Gate.io Startup Mining! Stake supported assets to earn GLS token rewards every hour!

1.Introduction to Glacier Network (GLS)

Glacier Network - The First Data-centric Blockchain to Supercharge AI at Scale

Glacier Network is building a programmable, modular and scalable blockchain infrastructure for agents, models and datasets, supercharging AI at scale. Glacier empowers verifiable computing through GlacierAI, GlacierDA, and GlacierDB.

GlacierAI provides the first decentralized VectorDB for AI, integrated with LangChain, and launched the Glacier Chatbot-Bench platform for benchmarking LLMs. GlacierDB brings a data-centric network to handle datasets seamlessly and effortlessly on top of Arweave, Filecoin, and BNB Greenfield. GlacierDA solves the demand for off-chain verification and computing of AI and DePIN executed states.

2.Glacier Network (GLS) Mining Rules

(1) Staking period: 10:00 AM on December 13th - 10:00 AM on December 30th(UTC), 2024

(2) Trading starts time: 10:00 AM on December 18th, 2024 (UTC)

(3) Initial circulation: 29.000.000 GLS

(4) Startup Mining allocation: 1.000.000 GLS

(5) Unlocking Rule: 100% Unlock

3.Reward Calculation and Distribution

(1) GLS/ USDT 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 users' GT and GT2 holdings every hour and take the average as the 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 GLS/ USDT Staking Pool or "Single-Coin Multi-Mining" GT Pool at the same time to earn rewards from GLS/ USDT Staking Pool and GT pool separately.

4.Token Information

(The information below is provided by the Glacier Network (GLS) team. Please follow the website for more information)

(1) Token name: Glacier Network

(2) Token symbol: GLS

(3) Max Supply: 1.000.000.000 GLS

(4) Token type: BASE

(5) Token Contract: https://basescan.org/token/0x9fa4de109aa3aefd708de90bd4cab6cfc5983954

(6) Website: https://www.glacier.io/

(7) Whitepaper: https://docsend.com/view/83c74bw4dvb6mwzj

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