Gate.io to Launch GreenToken (GNC) Spot Trading and Staking Opportunities with APY Up to 8.33%

Gate.io is set to enhance its trading offerings with the introduction of GreenToken (GNC) on May 13th at 15:00 (UTC+8). This launch marks a significant milestone for crypto enthusiasts, as the platform will also initiate GNC staking and mining activities from May 14th at 20:00 until May 17th at 20:00 (UTC+8). Users participating in this initiative by staking Bitcoin (BTC) and GT in the Launchpool can gain access to a generous distribution of 266,666,667 GNC tokens. The projected annual percentage yield (APY) for the BTC new user pool is an attractive 5.86%, while the GT pool offers a slightly higher APY of 8.33%. Early staking opportunities are currently open, with the BTC staking pool allowing a limit of 10 BTC for a total reward pool of 166,666,667 GNC. Similarly, the GT staking pool permits a limit of 1000 GT with a total reward pool of 100,000,000 GNC, reflecting a robust engagement strategy by Gate.io.