🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
A Greener Alternative to PoW
Proof of Stake (PoS) is a consensus mechanism that replaces mining with staking, making it more energy-efficient.
In PoS, validators lock up their tokens to secure the network and confirm transactions. The more tokens staked, the higher the chances of being selected to validate a new block.
PoS reduces energy consumption while maintaining security. It also encourages long-term holding, as validators are rewarded based on their stake.
Many blockchains are shifting to PoS, highlighting its growing importance in crypto.