PANews reported on October 28 that according to the official announcement, Gate.io will launch Grass (GRASS) trading at 22:00 (UTC+8) on October 28, 2024, and simultaneously launch a limited-time welfare event worth $25,000, covering recharge, trading, and exclusive rewards for new users. The event will last until 23:59 (UTC+8) on November 4, 2024.

During the event, users who deposit GRASS of $10 can participate in the sharing of the $15,000 prize pool, including a $14,000 reward allocated according to the net deposit amount and an additional reward of 10 "lucky koi" randomly drawn. Users who complete GRASS trading volume of $100 can also participate in the sharing of the $5,000 trading competition prize pool. In addition, newly registered community users who have completed identity authentication can also share an additional $5,000 prize pool through the recharge event.