Gate.io Don Launch Futures Incentive Plan with 50,000 ERA
Gate.io don drop new futures trading incentive plan wey get 50,000 ERA token pool. Gate.io futures incentive dey ginger traders to open position for their platform from August 4 to August 14 (UTC+8). People wey do identity verification (KYC) and register fit share the ERA incentive no shaking, but max reward na 500 ERA per user. Dem go distribute reward based on each trader weighted trading volume—this one na the number wey combine open position amount and how many trade person don do. Dis move na to boost futures trading volume and make ERA token get better liquidity, e resemble other exchange programs wen dem don use before wey dey cause short-term spike for trading and increase market depth.
Bullish
Gate.io futures incentive plan fit drive increase trading volume and demand for ERA token, wey for past programs dey lead to price rise and better liquidity. For short term, we dey expect say futures positions and market wahala around ERA go increase as traders dey compete for the 50,000 ERA pool. For long term, consistent trading fit make ERA market deep well and support token stability if the program continue and get more users involved. Dis kain exchange-led incentives don help token performance before, showing say the outlook set for good.