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      Introducing Orderly Network (ORDER) on Startup Mining: Stake to Earn Mining Rewards

      gate.io's logo gate.io Aug 21, 2024 07:20:15

      About Gate.io Startup Mining ProgramStartup Mining is a platform where users can stake their assets or provide liquidity to earn rewards in new project tokens. Users can lock specified tokens in the Startup Mining pool to receive corresponding project token rewards.

      Visit Startup Mining and learn more

      Join Now

      1.Introduction to “Startup Mining” Project Orderly Network (ORDER)Orderly Network is a cloud liquidity infrastructure designed to revolutionize trading. By consolidating all orders into a single shared orderbook across multiple chains, Orderly Network creates a unified liquidity landscape that improves trading efficiency, delivers deeper liquidity, and provides tighter spreads.Orderly’s omnichain backbone empowers developers to innovate boldly to take DeFi to the next level. By removing the risks associated with cross-chain bridging and wrapped asset movement, builders can create a comprehensive range of financial products for both retail and professional traders.The Orderly Chain, built on the OP Stack, leverages Celestia’s data availability and LayerZero’s cross-chain messaging protocol to serve as the settlement layer and ledger for all transactions.

      Website: https://orderly.network

      2.Orderly Network (ORDER) Startup Mining Rules(1) Startup Mining Duration: 10:00 AM on August 26th - 10:00 AM on September 5th (UTC), 2024 [10 Days](2) Mining Pool: ORDER-Total Staking Rewards: 375,000 ORDER-Prize Pool Per Hour: 1562.50 ORDER-Hourly Reward Cap Per User: 156.25 ORDER-Minimum Staking Amount: 70 ORDER-Unlocking Rule: 100% Unlock(3) Mining Pool: GT-Total Staking Rewards: 375,000 ORDER-Prize Pool Per Hour: 1562.50 ORDER-Hourly Reward Cap Per User: 156.25 ORDER-Minimum Staking Amount: 2.0 GT-Unlocking Rule: 100% Unlock

      3.Participation Rules(1) Users can join ORDER or GT mining pool at the same time to earn rewards from ORDER pool and GT pool separately.(2) The system will take multiple snapshots of personal staking amounts hourly, and token rewards are distributed to eligible users. Hourly earnings will be distributed into users' spot accounts.(3) Hourly staking reward = (Individual latest 1-hour valid staking amount / Total pool staking amount) × Hourly reward pool(4) Users can increase or redeem the staked assets at any time during the staking period.

      4.Notice(1) The system will take multiple snapshots of personal staking amounts each hour, and take the average staking amount as the valid staking amount.(2) After the staking ends, the staked assets will be automatically redeemed.(3) 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) Before participating in Startup Mining, please ensure that you fully understand the participation rules. Click here to learn more details.(5) The use of duplicate accounts and any other cheating behaviors are strictly prohibited. Any cheating behavior will result in disqualification for receiving rewards.(6) Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.(7) Gate.io reserves all rights to the final explanation.(8) This event is not affiliated with Apple Inc. Users in the United Kingdom and other Restricted Locations cannot access the Services (including participation in this event, game or competition). See the User Agreement for further details on Restricted Locations.

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      Download Gate.io App / Web Client now>>>Follow us on Gate.io X (Twitter) to get more bonuses>>>Join our Telegram to discuss hot topics>>>Join our Global Community to get more updates>>>We provide 100% proof of reserve>>>Sign up to enjoy max. $6666 in rewards exclusively for new usersGet 40% commission from referrals

      Gate.io TeamAugust 21st, 2024

      Read the original article at gate-io

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