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Open Loot

Stake $OL, $GT, or $BTC on Gate.io and earn up to 1100% APR

Hedge your $OL spot purchase and stake tokens on Gate.io Startup Mining for high APR rewards.
Hedge your $OL spot purchase and stake tokens on Gate.io Startup Mining for high APR rewards.
Reward
Up to 5% of staked value
Category
Trade bonus

Task Description

Open Loot is a Web3 game publishing platform that supports developers and publishers with marketing, distribution, payments, and more. Gate.io’s Startup Mining campaign offers a lucrative opportunity to earn rewards by staking $OL, $GT, or $BTC. Current APR reaches 1100%, with an estimated 63% profit over 21 days. Participants can hedge their spot positions with futures to avoid funding fees and maximize returns. The project has allocated a total of 2,988,000 $OL tokens across various pools, with zero investment costs beyond token staking.

Cost to participate: $1+ (token purchase)

Time to complete: 20 minutes

Risk level: Medium

Conditions

Step 1

Register on Gate.io:

Step 2

Buy $OL tokens:

Step 3

Open a Hedge Position:

  • Go to the Futures Trading Page.
  • Open a short position equal to your spot purchase using isolated margin and 1x leverage.

Step 4

Stake Tokens on Startup Mining:

Step 5

Harvest and Close Positions:

  • After the farming period ends, sell your spot tokens and close your futures position.

Project Description

Open Loot is a Web3 game publishing and distribution platform that supports developers and publishers with marketing strategies, payments, and user experience enhancements. The platform enables seamless game launches and blockchain integrations with a focus on innovation and scalability.

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