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💥Crypto Assets are trending: FORM1 and launchpool on gate 💥
Right now on gate is the launchpool $FORM1 - a great opportunity to earn on staking! Let's figure out what this project is and why it's attracting so much attention.
🔸What is Form?
Form is the first layer 2(Layer 2) second-layer blockchain specifically designed for SocialFi. It aims to improve scalability, reduce fees, and accelerate transactions for decentralized social platforms. It serves as a bridge between blockchain technologies and next-generation social networks.
🔸How does Form affect SocialFi?
SocialFi is the merger of social media and decentralized finance. Form provides developers and users with tools to create platforms where content creators can earn directly, while data remains under the control of the users themselves. Thanks to high speed and low costs, Form makes SocialFi more accessible and efficient.
🔸 Launchpool from gate
The total pool on the launchpool is 71,428,571 tokens $FORM1, and the total airdrop amount is estimated at $1 million. You can stake $GT, $BTC, $USDT, or $FORM1 itself to receive rewards. The maximum annual yield (APR) reaches 608.33% - sounds tempting! Rewards are distributed in real time, and the launchpool will last until 12th March 2025 (09:00 UTC).
I have already tried to deposit some $GT into the pool - the process is simple, and the yield is pleasing to the eye.
Links to participate and details:
https://www.gate.io/announcements/article/43555
📌$FORM1 spot trading link: https://www.gate.io/trade/FORM1_USDT
#GateOpinionQuest #FORM1