Background: Innovative Developments in Stablecoins

With cryptocurrency trading becoming increasingly diverse, stablecoins have moved beyond serving solely as value anchors and are now unlocking a wide range of new applications.

The USD1 Points Program, a joint initiative by Gate and World Liberty Financial (WLFI), is designed to reward users for actively using and holding USD1 through a points-based incentive system. This boosts its utility and value across trading, investment, and the broader ecosystem.

Program Highlights

The USD1 Points Program goes beyond traditional trading rewards for a more dynamic and comprehensive experience:

Earn Points when You Trade

• Accumulate points by using USD1 for spot trading, or by converting other stablecoins into USD1;
• Earn double points for completed limit orders, encouraging optimal trading practices.

Earn by Holding

• Hold at least 1,000 USD1 to keep earning points;
• Points also accrue when you participate in Launchpad or investment products.

Special Perks for New Users

• New users can claim a $10 bonus after earning just 1,000 points;
• Only 500 bonuses are available each day, awarded on a first-come, first-served basis.

The Value of Points

Points are more than just numbers—they provide real incentives and benefits within the USD1 ecosystem:

• Unlock new user bonuses and exclusive experience vouchers;
• Access to additional perks in the future, such as trading fee discounts or early access to new projects;
• Serve as an ongoing reward mechanism for long-term holders and active participants.

USD1: The Core Asset Powering the Program

USD1, issued by WLFI, is a stablecoin with the following key features:

• Pegged 1:1 to the US dollar and fully backed by fiat reserves;
• Issued in full regulatory compliance and custodied by the regulated BitGo Trust Company;
• Deployed across major blockchains, including Ethereum, BSC, and Tron;
• Rapidly expanding, surpassing 2.1 billion in circulation just months after launch.

This compliant, stable, and secure asset provides a strong foundation for the points program’s value.

How to Participate

• Web: Log in to your Gate account, complete identity verification, and check your points and rewards on the event page.
• App: Upgrade to version 7.10.1 or later, verify your identity, and you’re ready to join.

For full details, refer to the announcement: https://www.gate.com/announcements/article/46487

Risk Disclaimer

Trading virtual currencies involves substantial market volatility and regulatory risks. Please participate cautiously and manage your assets wisely, ensuring you fully understand the risks involved.