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Today while scrolling through Twitter, I saw several frens talking about Gate's 316th Launchpool: Avantis (AVNT), saying that they can again get an Airdrop for free. Upon closer inspection, it is indeed a bit interesting.
The rules for this event are very simple:
1 / Mining Time: September 12, 11:00 to September 24, 11:00 (UTC+8)
2 / Total Rewards: 750,000 AVNT
3 / Staking Coins: GUSD, AVNT
4 / Reward Distribution: Claim every hour, 100% unlocked
In addition, VIP users also have a staking quota bonus, with a maximum increase of 500%.
The key point is that by staking GUSD to participate in Launchpool, you can not only receive the Airdrop of AVNT, but also enjoy an annualized minting yield of 4.4% on GUSD itself. This amounts to one principal with two sources of income, making the combined annualized effect quite impressive.
Speaking of the project itself, Avantis is actually the largest derivatives exchange on Base and is also a leading DEX for RWA derivatives. It allows for direct on-chain trading of BTC, ETH, crude oil, lira, and even US stock indices, with unlimited leverage and self-custody. The total financing amount has reached 12 million USD, and the background is quite solid.
Overall, this round of Launchpool is very much like a combination of "farming + long-term potential projects". By staking GUSD, you can steadily earn an annualized return of 4.4%, and with the Airdrop rewards, the upper limit of returns is significantly raised.
So, many people say that missing out on this kind of activity is just pure loss. After all, holding GUSD generates returns, and with the added Launchpool Airdrop, it's essentially free.
The link is here! Go:
#GateLaunchpool Gate #GUSD