PANews reported on August 1st that Gate will launch Ika (IKA) staking mining from 20:00 on August 1st to 20:00 on August 16th (UTC+8). Staking IKA and GT to participate in the Launchpool will earn you a share of free IKA tokens. The IKA pool is expected to achieve an annualized return of 2555%, while the GT pool is expected to achieve an annualized return of 16.64%.

Previously, Gate launched the Ika (IKA) Launchpad subscription event from July 26th to July 29th, attracting nearly 20,000 participants and total subscriptions exceeding 348 million USDT, of which over 228 million USDT was invested in the USD1 pool.

Currently, IKA spot trading has been launched on Gate. Since its launch, the price has reached 0.04462, a peak increase of 645.74%. It is currently trading at 0.04052, a 24-hour increase of 28.58%.