Gate launches the gStocks position acceleration plan, buying and sharing $60,000 gStocks

According to official news, Gate will launch the gStocks Position Acceleration Program from July 6 at 16:00 to July 20 at 16:00 (UTC+8), with a total prize pool worth $60,000 in gStocks rewards. During the event, users who purchase any gStocks for the first time with a minimum of 50 USDT and hold the position for more than 72 hours can receive a new user reward equivalent to 5 USDT in gStocks, limited to the first 2,000 users. At the same time, users can share a $50,000 gStocks prize pool based on their average daily holdings of gStocks during the event; by completing the specified cumulative trading volume of gStocks, they can also receive up to a 2.0 times position bonus coefficient, increasing their share of the prize pool, with a maximum individual reward of 10,000 USDT in equivalent gStocks.

Gate has launched tokenized stock trading for gStocks, using 1:1 fully-backed native stocks as the underlying asset endorsement, supporting 24/7 trading, order book trading, and unified account management, providing users with a more flexible and convenient global stock investment experience.