Gate has upgraded its institutional open position contract loan program, reducing the daily average open position requirements for clients. Eligible institutional users can now reach specific open position levels and use various cryptocurrencies as collateral to obtain interest-free loans of up to $10 million. These loans are issued through a unified account and can be used for margin trading in the spot market, while allowing collateral assets to be freely traded. The program operates on a monthly performance evaluation cycle; if the open position targets are not met, interest must be paid.