PANews reported on June 3 that according to official data, Gate Launchpool launched 17 new project staking airdrops in May. Among them, the annualized yield of most projects remained between 3% and 60%, and the yield of local currency staking was as high as over 1100%. Currently, 6 projects are underway.

It is reported that Gate Launchpool adopts a model that combines mainstream currency staking with airdropping new coins, allowing users to use mainstream currencies such as BTC, ETH, USDT, GT, etc. to participate in project mining. They can earn interest on their coins without selling their assets, and redemption is supported at any time.