PANews reported on May 8 that according to the official announcement, Gate.io will launch SHM spot and contract trading at 18:00 (UTC+8) on May 8, and will simultaneously start Launchpool staking mining. Staking GT and ETH will allow you to share 140,112 SHM airdrops for free. Among them, the GT mining pool is expected to reach an annualized rate of 23.55%, and the ETH mining pool is expected to reach an annualized rate of 15.03%. Early staking is now open. Details are as follows:

GT Staking Pool

  • Maximum stake for ordinary users: 1,000 GT
  • VIP user staking limit: 6,000 GT
  • Total prize pool: 110,112 SHM

ETH Staking Pool

  • The upper limit of ordinary user pledge: 300 ETH
  • VIP user staking limit: 1,800 ETH
  • Total prize pool: 30,000 SHM