Gate.io #Launchpool Stake $GT & $ETH to Earn # LOT (2,000,000 Tokens)**

Key Details:**
- **Mining Period:** June 21, 20:00 – June 26, 20:00 (UTC+8)
- **Rewards Pool:** 2,000,000 $LOT
- **Supported Pools:**
- **$GT Pool** (Higher weight)
- **$ETH Pool**
- **Estimated APY:** Up to **25.61%**
- **Reward Distribution:** Hourly, starting immediately after staking begins.
---
### **Pros & Opportunities:**
✅ **High APY Potential** – At ~25.61%, this is competitive compared to other staking options.
✅ **Dual Staking Pools** – Flexibility to stake either $GT (GateToken) or $ETH.
✅ **Hourly Rewards** – Early participants benefit from compounding effects.
✅ **Short Commitment** – Only 5 days, making it low-risk for testing new tokens.
### **Risks & Considerations:**
⚠️ **Token Volatility** – $LOT is new; price could be unstable post-listing.
⚠️ **Impermanent Loss Risk** – If staking in LP, but this appears to be simple staking.
⚠️ **High Demand = Lower Rewards** – APY may drop if too many participants join.
---
### **Strategy & Recommendation:**
- **Early Participation Advantage** – Staking right at launch maximizes hourly rewards.
- **Diversify Staking** – If holding both $GT and $ETH, consider splitting stakes.
- **Monitor $LOT Listing** – Check Gate.io for post-mining trading pairs and price action.
🔗 **Earn Now:** [Gate.io Launchpool](https://www.gate.com/launchpool/LOT?pid=323)
📌 **Full Details:** [Announcement](https://www.gate.com/announcements/article/45712)
**Final Verdict:** A solid short-term staking opportunity with high APY, but assess $LOT’s fundamentals before holding long-term. 🚀