Announcements GT Holders' $1 Million Year-End Bonus: Nodecoin (NC) Launchpool Airdrops - Stake to Claim

GT Holders' $1 Million Year-End Bonus: Nodecoin (NC) Launchpool Airdrops - Stake to Claim

2025-01-11 11:30:04 UTC 17167 Read

NC/USDT + 3.38%

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To celebrate the surge in GT prices and thank GT holders for their support of Gate.io, Launchpool presents a $1 million year-end bonus exclusively for GT holders. Featuring multiple high-potential projects, this event offers a total of $1 million in token rewards, helping you unlock new earning opportunities with one click!

The newly launched project on Launchpool is Nodecoin (NC). Stake supported asset to earn NC token rewards every hour!

**1.Introduction to Nodecoin(NC)**
Nodepay is an AI infrastructure platform specializing in real time data retrieval and reinforcement learning to optimize inference.  Nodepay allows everyday users to provide unused internet bandwidth to power its network of AI services for enterprises and individuals.
Website: https://www.nodepay.ai/

**2.Nodecoin(NC) Mining Rules:**
(1) Staking period: 10:00 AM on Jan 17th, 2025 - 10:00 AM on Feb 7th, 2025 (UTC)
(2) Trading starts time: 10:00 AM on Jan 17th, 2025(UTC)
(3) Launchpool allocation: 1,400,000 NC

(4) Staking Pool: NC
-Staking Rewards: 400,000 NC
-Prize Pool Per Hour: 793.65 NC
-Hourly Reward Cap Per User: 55.56 NC
-Maximum Staking Amount: 500,000 NC
-Minimum Staking Amount: 1 NC

(5) Staking Pool: GT 
-Staking Rewards: 1,000,000 NC
-Prize Pool Per Hour: 1,984.12 NC
-Hourly Reward Cap Per User: 99.21 NC
-Maximum Staking Amount: 1,000 GT
-Minimum Staking Amount: 0.01 GT

(6) Unlocking Rule: 100% Unlock

**3.Reward Calculation and Distribution**
(1)The system will take multiple snapshots of personal staking amounts hourly, and take the average staking amount as the valid staking amount. Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool
(2)Token rewards will be distributed into the spot accounts of eligible users hourly.
(3)Users can join NC/GT Staking Pool at the same time to earn rewards from NC/GT separately.

**4.Gate.io Labs Investment Participating Disclosure**
Gate.io Labs did not participate in the Nodecoin(NC) investment.

**5.Notice**
(1) Gate.io Launchpool is a staking product in the platform’s Startup series, where users can stake designated tokens to receive rewards from the token pools. Before participating in Launchpool, please ensure that you fully understand the participation rules. <a href="https://www.gate.io/help/guide/faq/37021/startup-mining-faq" target="_blank" title="Click here">Click here</a> to learn more details.
(2) Please complete <a href="https://www.gate.io/myaccount/kyc_home" target="_blank" title="identity verification">identity verification</a> before participating in Launchpool to enhance the security of your account and assets.
(3) After the staking ends, the staked assets will be automatically redeemed. Users can increase or redeem the staked assets at any time during the staking period. After the user redeems in advance or the staking is completed, the staked assets will be transferred to Simple Earn by default. If this option is unchecked, the staked assets will be redeemed into spot assets. If the amount of redeemed assets is too small and does not meet the minimum subscription amount of Simple Earn, the assets will be automatically transferred to spot assets. Additionally, if Simple Earn does not support the subscription of the redeemed token, the assets will also be automatically transferred to spot assets.
(4) The use of duplicate accounts and any other cheating behaviors are strictly prohibited. Any cheating behavior will result in disqualification for receiving rewards.
(5) Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
(6) Gate.io reserves all rights to the final explanation.
(7) This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the <a href="https://www.gate.io/user-agreement" target="_blank" title="User Agreement">User Agreement</a> for further details on Restricted Locations.
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Gate.io Team
Jan 11th, 2025

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GT Holders' $1 Million Year-End Bonus: Nodecoin (NC) Launchpool Airdrops - Stake to Claim

GT Holders' $1 Million Year-End Bonus: Nodecoin (NC) Launchpool Airdrops - Stake to Claim

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