According to the Gate News bot message, the announcement from the Gate platform on September 11, 2025:
Gate will launch the 316th Launchpool project Avantis on September 12, 2025, from 11:00 to September 24, 11:00 UTC+8 (. Users can participate in mining by staking GUSD and AVNT, with a total of 750,000 AVNT token rewards to be shared, which will be distributed hourly.
Avantis is the largest derivatives exchange on the Base platform and the largest decentralized exchange for trading and market-making real-world assets )RWAs(. The project has received institutional investments from Pantera and Founders Fund, completing two rounds of financing totaling $12 million.
This mining activity adopts a 100% instant unlock mechanism. VIP 5 and above users can enjoy a maximum of 500% staking quota bonus rights. Gate Labs declares that it has not participated in Avantis)AVNT( investment.