According to BlockBeats, on October 18, according to the official announcement, Gate Startup will start CYRUS mining from 14:00 on October 15, 2024 to 14:00 on October 22 (UTC+8), supporting users to pledge USDT or GT to participate in mining. Staking USDT can enjoy up to 54.65% expected annualized return, with a total amount of 20,000,000 CYRUS. The Cyrus project reduces carbon emissions by producing renewable electricity and creates personal health and environmental value through exercise. It participates in electricity production and rewards users with blockchain technology.


It is understood that Gate Startup new coin mining is a staking product of the platform's Startup series. Users can obtain token pool rewards by staking designated tokens. This 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.