Redbelly Network(RBNT) Startup Mining Initial Offering on Gate.io

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

1.Redbelly (RBNT) Mining Rules

(1) Staking Period: 09:00 AM on December 30th - 09:00 AM on January 15th (UTC), 2024

(2) Startup Mining Allocation: 1.250.000 RBNT

(3) Unlocking Rule: 100% Unlock

2.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 RBNT and GT Staking Pool at the same time to earn rewards from RBNT pool and GT pool separately.

3.Introduction to Redbelly (RBNT)

Redbelly Network is the world's first formally verified blockchain, developed at the University of Sydney in collaboration with CSIRO, the Australian National Science Agency.

Redbelly enables asset issuers to build digital registries, creating a single source of truth for entire asset classes on-chain and facilitating the creation of new structured financial products from tokenized assets. We work with challenger-brand asset issuers who have established network effects and assets, reducing issuer risk by promoting accountability and ensuring clean liquidity by default.

Website: https://redbelly.network/

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