MSQUARE GLOBAL(MSQ) Startup Mining Initial Offering on Gate.io

About Gate.io Startup Mining Program

Startup Mining is a platform where users can stake their assets or provide liquidity to earn rewards in new project tokens. Users can lock specified tokens in the Startup Mining pool to receive corresponding project token rewards.

1.Introduction to "Startup Mining" Project MSQUARE (MSQ)

MSQ tokens, issued by MSQUARE, are used as payment methods for real economy platforms that are directly developed and operated. The first platform, ‘Metastar', is a real estate information providing platform service that allows users to quickly access and issue essential documents necessary for real estate business. The second platform, MOAD, is a truck advertising service platform that allows advertisers to directly connect to provide an advertising platform. When foreign companies use the platform for domestic advertising purposes, discounts are also applied when paying with MSQ tokens. The third platform, K-PAL, is a global project that pays outstanding overseas talent with MSQ tokens such as salaries, education expenses, and platform usage fees, from Korean language education to job training to Korean employment opportunities.

Website: https://globalmsq.com

2.MSQUARE (MSQ) Startup Mining Rules

(1) Startup Mining Duration: 12:00 PM on September 25th - 12:00 PM on October 2nd (UTC), 2024

(2) Mining Pool: MSQ

-Total Staking Rewards: 1.011.0 MSQ

-Prize Pool Per Hour: 6.01 MSQ

-Hourly Reward Cap Per User: 0.6 MSQ

-Minimum Staking Amount: 0.1 MSQ

-Unlocking Rule: 100% Unlock

(3) Mining Pool: GT

-Total Staking Rewards: 1.516.0 MSQ

-Prize Pool Per Hour: 9.02 MSQ

-Hourly Reward Cap Per User: 0.9 MSQ

-Minimum Staking Amount: 0.1 GT

-Unlocking Rule: 100% Unlock

3.Participation Rules

(1) Users can join MSQ or GT staking pool at the same time to earn rewards from MSQ pool and GT pool separately.

(2) The system will take multiple snapshots of personal staking amounts hourly, and token rewards are distributed to eligible users. Hourly earnings will be distributed into users' spot accounts.

(3) Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool

(4) Users can increase or redeem the staked assets at any time during the staking period.

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