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      Movement Network(MOVE) Startup Mining Initial Offering on Gate.io

      10 December 2024 UTC Altro

      Movement Network(MOVE) is now live on Gate.io Startup Mining! Stake supported asset to earn MOVE token rewards every hour!

      1.Movement Network(MOVE) Mining Rules

      (1) Staking Period: 13:00 PM on December 10th, 2024 - 13:00 PM on December 14th, (UTC), 2024

      (2) Staking Pool: MOVE

      -Total Staking Rewards: 6.000 MOVE

      -Prize Pool Per Hour: 62.5 MOVE

      -Hourly Reward Cap Per User: 4.38 MOVE

      -Minimum Staking Amount: 0.1 MOVE

      -Unlocking Rule: 100% Unlock

      2.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.Introduction to Movement Network(MOVE)

      Movement Network is an ecosystem of Modular Move-Based Blockchains that enables developers to build secure, performant, and interoperable blockchain applications, bridging the gap between Move and EVM ecosystems.

      Website: https://www.movementnetwork.xyz/


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