Back

Ika Subscription Event on Gate Launchpad Draws 20,000 Participants, Surpassing 348 Million USDT

Gate will launch Ika (IKA) staking from August 1 to August 16, offering high annualized returns and free tokens to participants.

USDT
GT

Summary

Gate has announced the launch of Ika (IKA) staking from August 1 to August 16, with an expected annualized return of 2555% for the IKA pool and 16.64% for the GT pool. The Ika Launchpad previously attracted nearly 20,000 users, raising over 348 million USDT. IKA's price peaked at 0.04462, marking a maximum increase of 645.74%.

Terms & Concepts
  • staking: The process of actively participating in transaction validation on a proof-of-stake blockchain by locking up a cryptocurrency to earn rewards.
  • annualized return: The percentage increase in value of an investment over a year, accounting for compounding.
  • Gate Launchpad: A platform for launching new cryptocurrency projects, allowing users to participate in token sales.