"Gate.io Launches ALEO Mining: 9.97% APY, $600K Prize Pool"

Gate.io, a leading cryptocurrency exchange, has launched ALEO mining, offering users an expected annualized yield (APY) of 9.97% and a maximum prize pool of $600,000. The ALEO Staking Battle, running from February 10th, 2025, at 10:00 to March 10th, 2025, at 10:00 (UTC+0), will proportionally distribute rewards based on user staking amounts.

The ALEO mining program requires a minimum of 3 ALEO for participation and offers daily rewards without complex operations. Users can receive rewards directly in their accounts and convert them anytime, making it an attractive option for investors seeking stable returns. Gate.io also provides a 100% reserve fund guarantee to ensure the safety of user assets.

The ALEO Staking Battle encourages users to stake more ALEO to receive higher rewards. The event will distribute a maximum prize pool of $600,000 proportionally based on user staking amounts. This promotion aims to incentivize users to participate in the ALEO mining program and increase their staking amounts.

Gate.io's on-chain Earn-Assets Staking project offers users a simple and convenient way to participate in mining and earn rewards. The platform has fully integrated the Farcaster protocol, allowing users with Farcaster accounts to log in and comment on the platform.