[//]:content-type-MARKDOWN-DONOT-DELETE Gate has officially completed its Q2 2025 on-chain burn of GateToken (GT). A total of 1,922,789.196841 GT, worth over $39.01 million, has been permanently removed from circulation. To thank the GT community for its continued support, Gate is launching a limited-time GT airdrop event . Invite friends to participate to win bonus GT rewards.

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**Event Period:** **July 11, 2025 09:00 - July 19, 2025 16:00 (UTC)** **Activity 1: Invite Friends to Hold GT and Earn Up to $500 GT** During the event, a successful referral is defined as inviting a friend who completes registration and holds at least 10 GT. The referrer will receive a 40% commission on their referred friend's spot trading volume. In addition, for each successful referral, the referrer will earn an extra $2 worth of GT. The more friends invited, the more GT rewards you can earn. The total prize pool is $20,000 GT, with a maximum of $500 GT per person, available on a first-come, first-served basis. **Activity 2: Team Up for Futures Trading and Earn Up to $200 in GT** During the event, for each invited friend who accumulates a futures trading volume of ≥ 30,000 USDT, the referrer will receive a random airdrop of $2–10 worth of GT. The total prize pool is $20,000 GT, with a maximum reward of $200 GT per person, available on a first-come, first-served basis. **Linked Benefits: Multiple Benefits for GT Holders** The limited-time GT airdrop event is open to both new and existing users. Rewards from both events can be stacked. Plus, simply holding GT makes you eligible for Gate HODLer Airdrop , where you can claim massive airdrops with no locking or staking required. **Important Notes:** 1. To claim rewards, participants need to click the [Join Now] button on the event page to register for the event and complete identity verification. 2. Trading Volume = Buy Volume + Sell Volume. 3. Invitation data will be updated within 24 hours after a successful referral. There is no limit to the number of invited friends per account, and the commission will last for one year. The basic commissions for inviters include: 40% Alpha commission, 40% spot commission, and 20% futures commission. Gate key rewards through referrals are subject to the rules on the Referral page . 4. The GT rewards from this event are in addition to standard referral commissions and key-based invite rewards. The GT reward will be issued within 14 working days after the end of the event. Spot and futures trading commission are distributed in real-time. The rewards from Activity 1, 2, and the basic rewards can be stacked. 5. To be eligible for rewards, invitees must sign up using the inviter's exclusive referral code. 6. Any fraudulent actions, including bulk account registration, malicious trading, self-trading, and coordinated trading, are strictly prohibited. Accounts registered under the same identity information will be regarded as one account. Subaccounts are not eligible to participate in the event. 7. Market makers, corporate accounts, institution users, and affiliate accounts are not eligible to participate in this event. 8. If the users participate in multiple events held during the event period, rewards cannot be claimed repeatedly and only one campaign reward will be granted. 9. Invitations will be deemed invalid if the inviter and the referred user share the same IP address, or if the referred account is less than 24 hours old. Any attempt by a user to invite themselves using multiple accounts is strictly prohibited. Upon detection, all related commissions will be revoked. 10. In case of any discrepancies between the translated version and the original English version, the English version shall prevail. 11. Gate reserves the final interpretation right of this campaign. 12. Due to market conditions and potential fraud risks, Gate reserves the final right to modify referral rules at any time. 13. The Referral Program is not available to users in Belgium, the United Kingdom, France, Germany, the Netherlands, Turkey, Austria, South Korea and other restricted regions. For details, please refer to the User Agreement . Please note that we do not target or market our services to users in these regions. 14. It's important to note that the cryptocurrency market is highly volatile. We strongly recommend that users seek independent professional advice, thoroughly understand all relevant information, and exercise caution when engaging in any trading activities. Gate Team July 11, 2025 **Gateway to Crypto** The First Stop for Altcoin Futures **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

GateToken (GT) On-Chain Burn Completed, Invite Friends to Earn Bonus GT Rewards