CROS(CROS) Startup Mining Initial Offering on Gate.io

About Gate.io Startup Mining

Gate.io Startup Mining is a staking product in the platform's Startup series, where users can stake designated tokens to receive rewards from the token pools.

1.Introduction to "Startup Mining" Project Cros World (CROS)

Ethereum L2 and AI platform for in-game advertising. Connecting developers, advertisers, and 3 billion players through DePIN technology.

Website: https://www.cros.world/

2.Cros World (CROS) Startup Mining Rules

(1) Startup Mining Duration: 11:00 AM on October 23rd - 11:00 AM on November 13th(UTC), 2024

(2) Startup Mining allocation: 2.666.667 CROS

(3) Staking Pool: CROS

-Total Staking Rewards: 2.000.000.0 CROS

-Prize Pool Per Hour: 3.968.25 CROS

-Hourly Reward Cap Per User: 277.78 CROS

-Minimum Staking Amount: 0.5 CROS

-Unlocking Rule: 100% Unlock

(4) Staking Pool: BTC

-Total Staking Rewards: 666.667.0 CROS

-Prize Pool Per Hour: 1.322.75 CROS

-Hourly Reward Cap Per User: 132.28 CROS

-Minimum Staking Amount: 0.00005 BTC

-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 CROS and BTC Staking Pool at the same time to earn rewards from CROS pool and BTC pool separately.

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