Gate on-chain earn coin: ALEO stake competition, $600,000 prize pool to be shared with one click

Gate.io is launching a new on-chain coin earning program, with ALEO staking offering an annualized return of up to 9.97%. At the same time, Gate.io has also introduced the ALEO staking competition, where we will take daily average staking snapshots of users participating in ALEO mining, and conduct two rounds of reward settlements during the event, dividing the PNDO token prize pool based on the staking ratio. The total reward pool for PNDO Token is as high as 600,000 USD, and the pool will be unlocked linearly in proportion to the total amount staked; the more you stake, the larger the unlocked pool.

Event time: 2025.02.10 10:00 - 2025.03.10 10:00 (UTC+0) First round reward settlement time: 2025.02.25 Final reward settlement time: 2025.03.10

About ALEO Mining: ALEO Mining is a on-chain staking product from Gate.io that allows users to stake ALEO and easily earn real on-chain returns through Pondo.

Product Features: • 💰 Efficient Investment: Gate.io operates its own nodes, eliminating intermediary fees and making efficient use of funds. • 🔑 Easy Participation: You only need 3 ALEO to start staking, allowing more users to easily join the Aleo ecosystem. • 📅 Flexible management: Provides instant services, supports staking and redemption initiation at any time, and flexibly optimizes asset management. • 💸 Stable Income: After staking, mining rewards will be automatically distributed to your account daily in the form of ALEO.

How to participate in ALEO Mining? Web: Earn Coin - On-chain Earn Coin - ALEO Mining App: Earn Coin - On-chain Earn Coin - ALEO Mining

[Notes]

1. The activity data is based on the data exported from the gate.io backend.
2. The event is only open to users who register and complete KYC2 verification during the event period. Each verified user can only participate with one account, and sub-accounts do not count as independent accounts for participation in the event.
3. During the event, users whose financial management volume is lower than the redemption volume will be deemed to have forfeited participation in this event.
4. The rewards for this event are PNDO Tokens, which will be distributed to wallet accounts within 7 working days after the settlement times of the two rounds described in the event (2025.02.25, 2025.03.10). You can check them in “Assets - Bill Details”.
5. The PNDO reward pool is calculated based on the coin price on February 3rd. The total amount of the PNDO reward pool is fixed, and subsequent fluctuations in coin price do not affect the quantity of the reward pool.
6. Relevant activity information will also be announced on Gate Earn and Telegram group. Follow the account for more activity updates.
7. Risk Warning: Users must pay attention to the fact that virtual coin trading is influenced by various factors such as market conditions and policies. The market is highly volatile, making price fluctuations difficult to predict. Please be sure to be aware of market risks and trade cautiously.
8. In order to protect the interests of all participating users and maintain fairness, cheating is strictly prohibited during the event. Once discovered, participation qualifications will be directly canceled.

The final interpretation of the above activities belongs to Gate.io.

Users in the UK and other restricted areas cannot access this service (please refer to the user agreement for detailed information regarding restricted areas).

• Visit the Gate.io official website • Download Gate.io App / Desktop Version • Follow X (Twitter) to receive perk broadcasts • Join the Telegram community to discuss hot topics. • Join the global community to get the latest news. • View 100% Reserve Proof • New users Sign up now to enjoy up to $10,000 welcome gift • Existing users who invite others to register can earn a 40% commission.

Gate February 10, 2025