🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
What is a Rug Pull? The Scam Draining Your Crypto Bag
Ever heard someone say their investment ‘got rugged’? Here’s what actually happened.
A rug pull is when project devs ghost the community and yeet all the liquidity—leaving investors holding worthless bags. The name says it all: they literally pulled the rug out from under you.
How the scam works:
Most rug pulls happen in DeFi—tokens on Uniswap, PancakeSwap, etc. Devs can exploit smart contract back doors or simply withdraw all paired liquidity in a single transaction.
Red flags to watch:
Bottom line: DYOR before buying any new DEX token. Sound projects have transparent teams, audited contracts, and locked liquidity. Chasing moonshot promises = asking to get rugged.