PANews reported on July 10 that according to the official announcement, Gate will launch Velvet (VELVET) spot trading at 20:00 (UTC+8) on July 10. In order to give back to platform users, the Launchpool, CandyDrop and Alpha series of activities are launched, and participants can share 2,000,000 VELVET and Alpha points.

Gate Launchpool will start mining from 20:00 on July 10 to 20:00 on July 15 (UTC+8). Users who stake ETH and VELVET can share 500,000 VELVET for free.

Gate CandyDrop will hold an airdrop event from 20:00 on July 10 to 20:00 on July 17 (UTC+8). Users who complete VELVET trading tasks can share a super airdrop of 1,000,000 VELVET.

Gate Alpha will launch the 8th phase of the 3rd Points Carnival from 19:00 on July 10 to 23:59 on July 15 (UTC+8), where you can share 500,000 VELVET and Alpha points by trading.