Gems(GEMS) Startup Mining Initial Offering on Gate.io

About Gate.io Startup Mining Program

Startup Mining is a platform where users can stake their assets 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 Gems(GEMS)

Gems is your exclusive gateway to the future of cryptocurrency investments. Positioned at the forefront of the digital asset revolution, Gems is committed to identifying only the most visionary and technologically advanced blockchain projects—those with the potential to redefine entire industries. Our rigorous and selective due diligence process ensures that only a select few projects gain access to our platform, making it an elite space where innovation truly thrives.

Backed by a global network of over 3.500 community managers across 140 countries and a track record of raising over $196 million, Gems offers early-stage ventures unparalleled support, creating a dynamic synergy that accelerates the adoption of groundbreaking ideas and delivers exceptional returns. To be a project on Gems is to be part of an exclusive circle of future industry leaders.

Website: https://gems.vip/

2.Gems(GEMS) Startup Mining Rules

(1) Startup Mining Duration: 0:00 AM on September 16th - 0:00 AM on September 23rd (UTC), 2024

(2) Mining Pool: GEMS

-Total Staking Rewards: 120.000.0 GEMS

-Prize Pool Per Hour: 714.29 GEMS

-Hourly Reward Cap Per User: 71.43 GEMS

-Minimum Staking Amount: 5.0 GEMS

-Unlocking Rule: 100% Unlock

(3) Mining Pool: GT

-Total Staking Rewards: 240.000.0 GEMS

-Prize Pool Per Hour: 1.428.57 GEMS

-Hourly Reward Cap Per User: 142.86 GEMS

-Minimum Staking Amount: 0.5 GT

-Unlocking Rule: 100% Unlock

3.Participation Rules

(1) Users can join GEMS or GT mining pool at the same time to earn rewards from GEMS 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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