PANews reported on December 15th that, according to the Gate Launchpool page, there are currently four mining projects running simultaneously on the platform: WET, KYO, STABLE, and NIGHT. These projects all have multiple staking pools covering stablecoins, mainstream assets, and project tokens, with staking periods primarily ranging from 7 to 14 days.
In terms of yield distribution, the WET project has an APR of 83.07% for its base pool; the KYO project has an APR as high as 451.3% for its base pool; the STABLE project has an APR of 48.24% for its base pool, and also offers both GT and BTC pools; and the NIGHT project has an APR of 124.05% for its base pool, with some pools supporting additional rewards.
Gate Launchpool has established a stable project incentive and user participation mechanism. To date, Launchpool has airdropped approximately $54.97 million. Amidst the current pace of multi-project parallel mining, Launchpool is continuously connecting the cold start needs of projects with the long-term participation intentions of users through differentiated revenue structures and multi-asset staking designs, becoming one of the important early value distribution entry points in the platform ecosystem.
