According to the Gate News bot, the announcement from the Gate platform on June 27, 2025:
Gate will launch the Blum (BLUM) token staking mining activity on Launchpool. The event will take place from June 27, 2025, 20:00 to July 11, 20:00 ( UTC+8, with a total mining amount of 900,000 BLUM. Rewards will be distributed to spot accounts every hour based on the proportion of user staking.
Blum is a decentralized multi-chain trading ecosystem that integrates trading terminals, Memepad, and on-chain trading bot functionalities, dedicated to providing a one-click trading experience. According to the announcement, Gate Labs did not participate in the Blum )BLUM( project investment.