Gate.io Powerloom (POWER) Airdrop and Mining Campaign Begins!
Gate.io announced that it will list Powerloom (POWER) tokens for spot trading as of 09:00 (UTC) on January 10, 2025.
With this listing, users will have the opportunity to win $1,000,000 worth of POWER tokens for free by participating in the Startup campaign that Gate.io offers exclusively to GT holders.
The first phase of the campaign is called “Startup GT Owner Special Airdrop” and will be valid from January 8, 2025 at 05:00 UTC until January 10, 2025 at 05:00 UTC. At this stage, a total of 869,565 POWER tokens will be distributed.
Users will be able to get a share of the prize pool by holding at least 10 GT. The maximum airdrop for each user is set at 30,000 GT. In addition, users who do not hold 10 GT but hold at least 10 USD in spot assets will also have the chance to win prizes by participating in the lucky draw.
Users who want to benefit from the airdrop must complete identity verification by logging into their Gate.io accounts and go to the Startup section and request airdrop by holding at least 10 USD spot assets.
The second phase of the campaign is named “Startup Mining” and will continue between January 8, 2025, 05:00 UTC and January 15, 2025, 05:00 UTC. At this stage, users will be able to earn $800,000 worth of POWER tokens by staking.
Users will receive token rewards to their spot accounts every hour based on the proportion of their staked assets. Additionally, a special staking pool has been created for new users. New users who register after 16:00 UTC on January 3, 2025 will have the right to join this staking pool.
To participate in the Startup Mining phase, users will need to hold at least 0.1 USDT or 0.01 GT in their Gate.io account. The necessary steps to participate will be to verify your identity, go to the Startup Mining section and start staking.
This campaign offers great opportunities to Gate.io users. Users who want to earn POWER tokens for free and receive rewards by staking can take advantage of these opportunities within the specified periods.
