PANews reported on July 29 that according to official news, the Ika (IKA) subscription activity launched on Gate Launchpad has now ended. Nearly 20,000 people participated in the activity, and the total subscription amount exceeded 348 million USDT. Among them, the participation in the USD1 pool exceeded 228 million. Gate has made subscription calculations as soon as possible and will arrange token distribution for participating users as soon as possible. In addition, Gate will open IKA spot trading at 18:00 (UTC+8) on July 29, 2025, supporting IKA/USD1 and IKA/USDT trading pairs.

It is worth mentioning that the platform simultaneously launched a limited-time interest rate increase activity, with the highest annualized rate reaching 15%. IKA subscribers can also receive an additional 5% annualized USDT interest rate increase coupon to further improve the efficiency of fund use.