HODLer Airdrop Major Update: Snapshot Mechanism Upgraded, Airdrop Earnings Fully Enhanced

HODLer Airdrop is an exclusive free airdrop event for users holding GT (GateToken). Users only need to hold no less than 1 GT to share the airdrop tokens based on their holding proportion. We have fully upgraded the airdrop snapshot mechanism to provide you with a fairer opportunity to participate, a more transparent method for calculating returns, and more generous airdrop rewards.

Update Highlights:
1.Snapshot Mechanism Upgrade: We will track users' GT holdings throughout the entire airdrop period, taking multiple random snapshots every hour and calculating the hourly average. This effectively prevents short-term speculative behavior, allowing users with long-term stable holdings to receive more fair and generous airdrop rewards.

Assuming the airdrop event runs from April 1st at 08:00 to April 3rd at 08:00 (UTC), if User A clicks to participate at April 1st at 14:00 (UTC), the system will:

• Retrieve the holding data from April 1st 08:00 to April 1st 14:00 (UTC).
• Continuously record the holding data from April 1st 14:00 to April 3rd 08:00 (UTC).
• Calculate the hourly average holdings for the entire duration of the activity.

The reward calculation formula is as follows: The number of tokens ultimately received by the user = (User's average hourly holdings during the entire airdrop period / Average hourly holdings of all participating users during the entire airdrop period) × Total airdrop amount.

2.Real-Time Profit Visualization:
We have introduced a new display for “Earnings per GT,” which visually shows the estimated airdrop earnings for holding 1 GT in the current project. This data will automatically update every hour to help you better plan your holding strategy.
"Earnings per GT" is a valuation metric representing the expected number of airdrop tokens if you join the HODLer Airdrop with 1 GT and hold it until the end of the airdrop. The data will dynamically adjust in accordance with changes in the GT holdings of all participating users.

HODLer Airdrop FAQ

Notes

1. The new airdrop snapshot mechanism will be applicable to all HODLer Airdrop projects launched after this announcement; historical projects will continue to follow the original snapshot mechanism.
2. GT (GateToken) is the exclusive platform token of Gate and is also the native asset of the GateChain public blockchain. Get your GT now: https://www.gate.com/trade/GT_USDT
3. Please complete identity verification before participating in Startup to enhance the security of your account and assets.
4. Please adhere to the relevant rules of the event when participating. Any cheating behavior is prohibited. An occurrence of any dishonesty will result in the disqualification of the rewards.
5. Where any discrepancy arises between the translated and original English versions, the English version shall prevail.
6. Gate reserves all rights to the final explanation.
7. Users in the United Kingdom and other Restricted Locations cannot access the Services (including participating in this event, game, or competition). See the User Agreement for further details on Restricted Locations.

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