PANews reported on December 12 that Gate.io will support Wise Monkey (MONKY) spot trading at 18:00 (UTC+8) on December 12, 2024, and will simultaneously start Startup new coin mining, supporting staking MONKY and FLOKI to earn MONKY token rewards every hour. Among them, the MONKY staking pool is expected to have an annualized return of up to 1303.57%, and the FLOKI staking pool is expected to have an annualized return of 538.52%.

It is understood that Gate.io Startup new coin mining is a staking product of the platform's Startup series. Users can obtain token pool rewards by staking designated tokens. The new coin mining service has the characteristics of low threshold, high annualized return, flexible staking, and hourly reward distribution. It can also achieve multiple mining of one coin by holding GT and obtain multiple benefits.