Gate Launchpool Offers High-Yield Staking Across Multiple Crypto Projects

Gate Launchpool expanded in December with 11 new projects, record IR project yields surpassing 3000%, and total staking reaching over $4 billion.

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Summary

Gate Launchpool recorded significant growth in December with the addition of 11 new projects, including an IR project whose peak annual yield exceeded 3000%. The platform’s total staking value surpassed $4 billion. Gate HODLer Airdrop introduced five projects, attracting $620 million in staked assets, while CandyDrop offered a $1.9 million prize pool to participants.

Terms & Concepts
  • Staking: Locking cryptocurrency in a platform to earn rewards or network benefits.
  • APR (Annual Percentage Rate): The yearly interest rate or return from an investment or staking activity, expressed as a percentage.
  • Airdrop: A distribution of cryptocurrency tokens for free, often to promote a project or reward users.