Gate Announces Initial Listing of Mango Network (MGO) for Spot Trading: Stake ETH and MGO in Launchpool to Claim MGO Airdrop Rewards in Real Time
Gate Announces Initial Listing of Mango Network (MGO) for Spot Trading: Stake ETH and MGO in Launchpool to Claim MGO Airdrop Rewards in Real Time
Gate will list Mango Network (MGO) for spot trading at 09:00 on June 24, 2025 (UTC). To reward our users, we are launching a campaign where participants can stake ETH or MGO in Launchpool to share 16,400,000 MGO tokens for free. Airdrop rewards will be distributed hourly.
Mango Network (MGO) Spot Trading
Start Time: June 24, 2025, 09:00 (UTC)
MGO Deposit Address: https://www.gate.com/zh/myaccount/deposit/MGO
MGO Trading Address: https://www.gate.com/trade/MGO_USDT
Mango Network (MGO) Staking
Staking Period: June 23, 2025, 12:00 (UTC) – July 7, 2025, 12:00 (UTC)
Total staking rewards: 16,400,000 MGO
Unlock Method: 100% Unlocked
Gate Launchpool now supports early staking. Stake your assets before the official project launch to secure your spot and start earning rewards as soon as staking begins.
Reward Distribution
The system will distribute token rewards to users' spot accounts every hour based on their proportion of staked assets.
Gate Launchpool FAQ
How to Participate: Log in to your Gate account and complete identity verification ‑ Enter Launchpool ‑ Hold no less than 0.00003 ETH/1 MGO ‑ Select [Stake].
VIP Exclusive Increased Staking Limit
VIP 5 and above users participating in Launchpool enjoy exclusive staking limit increases, with up to 500% staking limit boosts.
Project Basic Information
Information is based on official disclosures from Mango Network (MGO). Please refer to the Mango Network (MGO) official website for detailed updates.
Project Overview: Mango Network is a Layer 1 omnichain, multi-virtual machine infrastructure designed to address fragmented user experiences, liquidity challenges, and other pain points in Web3 applications and DeFi protocols. By integrating the core strengths of Move, OP Stack, and ZK Rollup, Mango Network builds a high-performance blockchain network supporting cross-chain communication and multi-VM interoperability. Compatible with MoveVM, EVM, and SVM, it provides developers and users with a secure, modular, and scalable Web3 infrastructure.
Token English Full Name: Mango Network
Token Chinese Full Name: -
Token Symbol: MGO
Total Token Supply: 10,000,000,000
Token Type: Mainnet
Contract Address: N/A
Token Distribution and Unlock Rules:
Fundraising / Sale: 15%
10% unlocked at TGE; 6-month cliff; linear monthly release (LMR) over 10 or 36 months, unlocking 1/10 or 1/36 each month.
Team: 15%
Locked for one year after TGE, followed by quarterly linear release over 48 months, unlocking 1/16 each quarter.
Advisors: 3%
10% unlocked at TGE; 6-month cliff; linear monthly release (LMR) over 36 months, unlocking 1/36 each month.
Foundation: 20%
20% unlocked at TGE, with the remainder unlocked in phases over 48 months based on approved proposals.
Airdrop (Testnet): 5%
Unlocked at TGE.
Ecosystem: 17%
30% unlocked at TGE, with the remainder unlocked in phases over 48 months based on approved proposals.
Airdrop (Mainnet): 5%
Unlocked at TGE, with the exact unlocked amount determined by the actual mainnet airdrop event.
Validators/Staking: 20%
Starting from Q2 2025, the exact unlocked amount will be determined by actual node staking participation and other staking rewards.
Website: https://mangonet.io
Whitepaper: https://mango-api.mangonet.io/uploads/file/pdf/en/MangoNetwork_whitepaper_v2.0.pdf
Gate Labs Investment Disclosure
Gate Labs did not invest in Mango Network (MGO).
Notes
Gate Launchpool is an innovative staking and airdrop platform where users can stake GT, BTC, ETH, USDT, or other tokens to earn hourly airdrops of popular and new coins. With low entry barriers and high APR, it offers an effortless way to seize market opportunities.
2. Please complete identity verification before participating in Launchpool to enhance the security of your account and assets.
3. Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
4. Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
5. Gate reserves the final interpretation right for the event.
6. This event is not affiliated with Apple Inc.
7. Users in the United Kingdom and other Restricted Locations cannot access the services (including the participation in this event, game or competition). See the User Agreement for further details on Restricted Locations.
Risk Warning
- Blockchain startup projects are still in their early stages. Their operations, underlying technologies, and regulatory environments may involve significant risks.
- Advanced technical and financial knowledge is required to understand and evaluate the inherent risks of blockchain startup projects.
- Due to the influence of technology, regulatory changes, market conditions, and other factors, the value of the project you participate in may fluctuate dramatically and could experience substantial increases or decreases.
- Due to technical issues of the project or Gate, you may be unable to withdraw your participation funds in full or in part.
- Cryptocurrency projects are high-risk investments. Cryptocurrency prices are highly volatile. The project team does not provide any guarantees, price assurances or break-even guarantees. Please make sure you fully understand the risks and are capable of bearing them before participating. The platform strongly advises caution but cannot assume responsibility for any investment losses or provide guarantees or compensation.
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