Gate distributed over $2.3 million in airdrops through its October Launchpool and HODLer Airdrop programs.

PANews reported on November 4th that, according to official data, Gate Launchpool launched 10 projects in October, with an annualized yield of 1361.83%; the total value of staked projects reached nearly $2.3 billion. Furthermore, Launchpool has opened staking for GUSD, allowing users to mint GUSD from USDT or USDC at a 1:1 ratio. During the same period, Gate HODLer Airdrop launched 9 projects. These two flagship products distributed over $2.3 million in airdrop rewards, helping users invest in high-quality early-stage projects.

Gate Launchpool, an innovative staking and airdrop platform, supports staking of various tokens including GT, BTC, ETH, USDT, and GUSD. It distributes new token airdrop rewards hourly, offering low entry barriers and high annualized returns to help users capture market opportunities. Furthermore, after staking and choosing to redeem, users can transfer their assets to a 7-day fixed-term product like Gate HODLer to receive an additional airdrop reward of up to 87.50% on top of their original staking earnings. Gate HODLer Airdrop aims to discover high-potential projects and, through its airdrop mechanism, reduces investment risk to zero. Users only need to hold 1 GT to easily participate and receive free airdrops.