PANews reported on September 16th that Gate will launch spot trading of SKPANAX (SKX) at 18:00 (UTC+8) on September 19th. To reward platform users, Gate also launched the Launchpool and Yubibao promotions.

The Gate Launchpool event runs from 6:00 PM on September 16th to 6:00 PM on September 19th (UTC+8). Users who stake GT will receive a share of 152,672 SKX. Furthermore, users who stake GT and redeem their GT and transfer it to the Yubibao [7-Day] fixed-term product will receive an additional 116.6% airdrop bonus on top of their original staking returns.

Gate Yubibao will launch SKX 7-day fixed-term investment on September 22, with an annualized return of 500% and a total quota of 1,000,000 SKX. It is limited and available on a first-come, first-served basis.