Zulu Network(ZULU) 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.Zulu Network (ZULU) Mining Rules

(1) Staking Period: 7:00 AM on November 19th - 7:00 AM on November 24th (UTC), 2024

(2) Staking Pool: ZULU

-Total Staking Rewards: 65.000.0 ZULU

-Prize Pool Per Hour: 541.66 ZULU

-Hourly Reward Cap Per User: 37.92 ZULU

-Minimum Staking Amount: 1.0 ZULU

-Unlocking Rule: 100% Unlock

(3) "Single-Coin Multi-Mining" GT Pool

-Total Staking Rewards: 195.000.0 ZULU

-Prize Pool Per Hour: 1.625.0 ZULU

-Hourly Reward Cap Per User: 113.75 ZULU

-Minimum Staking Amount: 0.01 GT

-Unlocking Rule: 100% Unlock

2.Reward Calculation and Distribution

(1) ZULU 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 the participants' GT holdings every hour, calculate the average to determine the effective holding amount, and distribute rewards based on that effective holding amount. Hourly Reward = (User GT Holding Amount / Total User GT Holdings in the Pool) x Hourly Reward for the Pool.

(3) Token rewards will be distributed into the spot accounts of eligible users hourly.

(4) Users can join ZULU Staking Pool or "Single-Coin Multi-Mining" GT Pool at the same time to earn rewards from ZULU pool and GT pool separately.

3.Introduction to Zulu Network (ZULU)

Zulu Network is the first Native Bitcoin DePIN Layer optimized for AI + DePIN implementations. With Zulu, everyone will have the ability to stake assets, help facilitate operation of various DePIN and AI protocols and earn on the Bitcoin Network.

Zulu is an innovative blockchain protocol that combines the security of Bitcoin with the flexibility of EVM infrastructure to foster a new decentralized economy, focus on AI & physical infrastructures, and empower users to stake their assets to power the future of DePIN innovation.

Join Zulu now and start earning and shaping the future on Bitcoin with Zulu.

Website: https://zulunetwork.io/

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