PANews reported on May 27 that Gate Launchpool will soon launch Elderglade (ELDE). The event will be held from 20:00 on May 28 to 20:00 on June 7 (UTC+8). Users who pledge ETH and ELDE to participate in Launchpool can share 1,000,000 ELDE tokens for free. Among them, the ETH mining pool is expected to reach an annualized rate of 12.01%, and the ELDE mining pool is expected to reach an annualized rate of 547.50%. Early staking is now open.