Gate Launchpool Introduces 21 New Projects with Over $2.9B Staked

September saw Gate’s Launchpool deliver high-yield opportunities and major airdrops, attracting more than 600,000 participants across its staking and HODLer programs.

BTC
ETH
USDT

Summary

Gate's Launchpool added 21 new projects in September, offering an annualized yield of 1037.37% and amassing around $2.94 billion in staked value. Participants can stake GUSD, minted 1:1 from USDT or USDC. The Gate HODLer Airdrop introduced 19 projects, engaging 600,000+ users and distributing nearly $1 million in rewards. The platform supports GT, BTC, ETH, USDT, and GUSD, with new coin airdrops issued hourly. An extra yield of up to 116.6% is available through a 7-day fixed product. HODLer Airdrop allows free participation by holding just 1 GT, aiming to minimize investment risk.

Terms & Concepts
  • Launchpool: A platform feature allowing users to stake supported cryptocurrencies to earn rewards and participate in new project token distributions.
  • Annualized Yield: The yearly return on an investment expressed as a percentage, based on current earnings rates.
  • GUSD: A stablecoin available on Gate, minted at a 1:1 ratio from USDT or USDC for staking and reward participation.