NAWS.AI(NAWS) 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 NAWS.AI (NAWS)

NAWS is a no-code platform for users to sell Web2. Web3 content, and DePIN vouchers. The P2P Crypto Payment system uses DEX AI aggregators for secure, low-cost payments, allowing users to choose tokens for transactions. Foundations and projects can onboard their tokens to grow their ecosystems. NAWS Quest rewards user activity with points convertible to tokens. NAWS tokens are used for content purchases, reducing transaction fees and subscriptions. As market share grows, token supply decreases. Liquidity pools with partner coins enhance liquidity and expand NAWS' influence in the crypto market.

Website: https://naws.ai

2.NAWS.AI (NAWS) Mining Rules

(1) Startup Mining Duration: 10:00 AM on October 9th - 10:00 AM on October 14th (UTC), 2024

(2) Staking Pool: NAWS

-Total Staking Rewards: 500.000.0 NAWS

-Prize Pool Per Hour: 4.166.66 NAWS

-Hourly Reward Cap Per User: 416.67 NAWS

-Minimum Staking Amount: 10.0 NAWS

-Unlocking Rule: 100% Unlock

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

-Total Staking Rewards: 1.000.000.0 NAWS

-Prize Pool Per Hour: 8.333.33 NAWS

-Hourly Reward Cap Per User: 583.33 NAWS

-Minimum Staking Amount: 0.01 GT

-Unlocking Rule: 100% Unlock

3.Reward Calculation and Distribution

(1) NAWS 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 NAWS Staking Pool or "Single-Coin Multi-Mining" GT Pool at the same time to earn rewards from NAWS pool and GT pool separately.

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