Gate reports $4.6B+ December staking across Launchpool, HODLer Airdrop and CandyDrop
Gate disclosed December metrics for its staking and airdrop platforms: Launchpool, HODLer Airdrop and CandyDrop. Key figures: Launchpool listed 11 projects in December with peak IR annualized yields above 3,000% and total staked value exceeding $4.0 billion. HODLer Airdrop ran 5 projects with staking value over $620 million and upgraded VIP privileges to allow unlimited participation caps for eligible users. CandyDrop hosted 12 projects with a combined prize pool near $1.9 million. Gate Launchpool supports multiple staking tokens (GT, BTC, ETH, USDT, GUSD), distributes new-token rewards hourly, and offers an optional 7-day fixed product that can add up to 116.667% extra airdrop rewards on top of base staking yields. HODLer Airdrop requires as little as 1 GT to participate, lowering the entry barrier. CandyDrop uses task-driven mechanics (trading, deposits, referrals) to earn “candies” that can be exchanged for airdrops. The announcement is informational and not investment advice.
Bullish
The announcement highlights substantial staking demand and active user engagement across Gate’s Launchpool, HODLer Airdrop and CandyDrop, with more than $4.6 billion staked in December. Large staking volumes and high advertised yields can attract liquidity and trading activity for both Gate’s native GT and listed tokens, supporting token price demand and market participation. Features like low entry thresholds (1 GT), hourly rewards, VIP unlimited participation and extra airdrop bonuses encourage on-platform retention and capital inflows. Historically, centralized-exchange staking and airdrop campaigns have provided near-term bullish pressure on associated tokens due to increased demand and reduced circulating supply while assets are locked. Short-term effects: heightened volume, token price upticks for promoted projects and GT, and increased speculative trading around airdrop snapshots. Mid-to-long-term effects: dependent on token unlock schedules, reward sustainability and project fundamentals — if many rewards or stakes unlock simultaneously or yields prove unsustainable, that could lead to later selling pressure. Overall, current data suggest a near-term bullish sentiment driven by strong staking uptake and platform incentives.