Swap to Unlock Tiered Shield Action Launches: Enjoy Loss Subsidies and Gas - Free Benefits

This event introduces a “Tiered Shield” mechanism where users’ cumulative Swap volume directly determines the proportion and cap of their loss subsidy. Higher Swap volume unlocks a thicker shield, offering loss subsidies and gas-free benefits for eligible trades. The event implements strict prize pool circuit breakers and device deduplication to safeguard genuine active traders.

Event Period: Jan 15, 2026, 10:00 — Jan 30, 2026, 10:00 (UTC)

How to Participate

1. Connect your wallet and select your wallet address.
2. Perform Swap of specified mainstream tokens on Gate Swap.

Event Details

Event 1: New User “Trial & Error” Insurance

During the event, new users performing their first Swap via Gate Swap can receive a full subsidy for gas fees and slippage losses (up to 30 USDT equivalent) if the first net Swap order results in a loss and the Swap amount is ≥ 500 USDT. Limited to the first 1,000 eligible deduplicated devices on a first-come, first-served basis.

Event 2: Invite Friends - Earn 30% Referral Commission + 20% for Your Friends

Go to the Referral page to generate your unique link and invite friends to bind your code. You can earn a 30% commission based on your friends’ Swap volume. Friends using a new wallet who bind the code within 7 days will receive a 20% Swap fee rebate.

Event 3: “Ultimate Shield” Challenge (Prize Pool Circuit Breaker)

Users performing Swaps will have their “Shield Tier” determined by cumulative Swap volume. If in a net loss state at settlement, the platform will issue subsidies according to the tier.

Reward Rules (Circuit Breaker):

• Total subsidy budget: 20,000 USDT.
• Distribution Logic: Rewards will be distributed to eligible, deduplicated devices in order of cumulative Swap volume (highest to lowest).
• Budget Exhaustion: Once the budget is fully consumed, any subsequent users will no longer receive the reward.
• Device Deduplication: Only the qualified wallet address with the highest cumulative Swap volume per Device ID qualifies.

Notes

1. Update App version: Android 7.25.5, iOS 7.25.0.
2. Anti-abuse mechanism: System detects wash trading, abnormal fund transfers, and short-term deposits / withdrawals. Gate Web3 reserves the right to exclude such addresses from the subsidy.
3. Net Loss Definition: Net Loss = (Total Buy Cost + Swap Fees) - (Total Sell Value + End Holding Value). If ≤ 0, no subsidy is issued.
4. All airdrop rewards will be distributed within 14 working days after the event ends.
5. Users participating in multiple events can only receive one airdrop (the highest one).
6. Risk Warning: Token prices are highly volatile, carrying high market risks. Subsidies are intended to reduce trial costs and do not constitute a guarantee of future returns.