Gate.io has unveiled a unique staking opportunity by introducing Japan Open Chain (JOC) on its Startup Mining platform. This innovative program allows users to stake assets and earn hourly JOC token rewards, making it an attractive option for crypto enthusiasts and investors. With a structured reward system and dual staking pools, Gate.io JOC staking rewards promise to provide an engaging and profitable experience for participants.
Staking Rules and Reward Structure
The JOC Startup Mining event runs from December 29, 10:00 AM (UTC) to January 1, 10:00 AM (UTC), 2025. The total reward pool comprises 100,000 JOC tokens, split into two staking options:
- JOC Staking: Participants can access a pool of 10,000 JOC with hourly rewards of 138.88 JOC. The hourly cap per user is set at 13.89 JOC, requiring a minimum staking amount of 1 JOC.
- GT Staking: This pool offers 90,000 JOC, with an hourly reward pool of 1,250 JOC. Each user can earn up to 62.5 JOC hourly, with a minimum staking requirement of 0.01 GateToken (GT).
Gate.io will calculate rewards through hourly snapshots of participants’ staking volumes. Rewards will be distributed directly to users’ spot accounts every hour. Participants can maximize their earnings by simultaneously staking in both pools.
Understanding Japan Open Chain (JOC)
Japan Open Chain (JOC) is a Layer-1 public blockchain designed for scalable and decentralized business applications. It leverages the Proof of Authority (PoA) consensus mechanism, relying on trusted validators from reputable organizations like Sony Group, NTT Group, and Dentsu Group.
Operating within Japan’s stable political and legal framework, JOC ensures a secure and Ethereum-compatible environment for financial institutions and enterprises. This feature makes JOC particularly appealing to businesses seeking compliance and reliability in their blockchain solutions.
The Importance of Gate.io’s Initiative
The introduction of JOC staking on Gate.io underscores the platform’s commitment to innovation and user engagement. By facilitating a seamless and rewarding staking experience, Gate.io not only boosts JOC’s adoption but also solidifies its position as a leader in the crypto space.
