Gate News bot news, according to the announcement from Gate platform on October 3, 2025:
Gate will launch the 327th Launchpool project Somnia from October 3, 2025, 20:00 to October 15, 20:00 UTC+8, (. Users can participate in mining by staking GUSD, GT, or SOMI tokens, with a total of 495,000 SOMI tokens available as rewards, distributed hourly.
Somnia is an EVM-compatible Layer 1 blockchain project that features the ability to process over 1 million transactions per second, with sub-second finality and extremely low transaction fees. The project is dedicated to supporting the development and operation of large-scale games, social platforms, and AI applications.
This Launchpool project adopts a 100% instant unlock mechanism, where VIP 5 and above users can enjoy a maximum of 500% staking limit bonus rights. Gate Labs states that it has not participated in the investment of Somnia )SOMI( project.
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