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.
