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Gate Launchpool launches Aleo( ALEO) staking event, where staking ETH or ALEO can share 77,942 Tokens.
According to the Gate News bot message and the official announcement from Gate on July 30, 2025:
Gate will launch the 293rd Launchpool project from 20:00 on July 31, 2025 to 20:00 on August 3, 2025 (UTC+8). This project is Aleo (ALEO). Users can participate in mining by staking ETH or ALEO, with a total reward pool of 77,942 ALEO tokens. The system will distribute rewards every hour based on the percentage of user stakes.
Aleo is a developer platform focused on privacy, utilizing zero-knowledge cryptography to move smart contract execution off-chain, aiming to build fully private, scalable, and cost-effective applications. The platform is capable of supporting thousands of transactions per second.