What is the Gate Contract Opening Incentive Program?

Image: https://www.gate.com/campaigns/1692

To thank users for their ongoing support of the Gate contract trading platform, Gate will launch a brand-new Contract Opening Incentive Program in August 2025. This Contract Opening Incentive Program is designed to encourage users to actively participate in contract trading. Leveraging an innovative weighted trading volume algorithm, the Contract Opening Incentive Program allows all participants to share the 50,000 ERA reward pool in proportion to their activity.

Event Period and Eligibility

• Event period: August 4, 2025, 16:00 to August 14, 2025, 15:59 (UTC+8)
• Participation requirements: Simply complete identity verification on Gate and click the “Participate Now” button on the event page to enroll.
• Trading requirements: During the event, open any position meeting the stated minimum value requirement in any perpetual contract trading pair.

How Is Weighted Trading Volume Calculated?

To ensure fairness, Gate uses weighted trading volume to measure user activity, based on the following formula:

Weighted Trading Volume = √(Total Position Opening Value) × Number of Openings

• All values are denominated in USD, with each position required to be at least 500 USD.
• Both increasing and reducing positions are counted toward the total opening amount.
• The square root algorithm helps compress extreme data points, encouraging rational trading behavior.

Example: If a user’s total opening amount is $10,000 and they open 10 positions, their weighted trading volume is √10,000 × 10 = 100 × 10 = $1,000.

Reward Distribution Details

The total reward pool is 50,000 ERA. Each user’s reward is calculated based on their share of the total weighted trading volume among all participants: User Reward = (Individual Weighted Trading Volume / Total Weighted Trading Volume of All Participants) × Total Prize Pool

• The maximum individual reward is 500 ERA (equivalent to 1% of the pool).
• If there is a tie, the corresponding reward amount will be split equally among the users.

New User & ERA Trading Volume Bonuses

To attract more users, the Contract Opening Incentive Program offers additional bonuses on weighted trading volume:

1. New User 20% Bonus: Users who register during the event or existing users trading perpetual contracts for the first time will automatically receive a 20% boost to their weighted trading volume.
2. ERA Contract Trading Bonus: Any user, new or returning, who trades the ERA/USDT perpetual contract will receive a 20% bonus to their weighted trading volume.

Example: If a user’s calculated weighted trading volume is $10,000, after trading an ERA contract, their weighted volume will be calculated as $12,000.

How to Participate in This Event?

The process is simple:

1. Log into your Gate account and complete identity verification;
2. Visit the event page and click the “Participate Now” button;
3. Trade any perpetual contract and meet the qualifying position requirement during the event period;
4. After the event ends, Gate will automatically settle and distribute rewards in ERA within 14 business days.

Important Notices and Risk Disclaimer

• Rewards for this Contract Opening Incentive Program cannot be claimed more than once. If you join multiple similar events, the most favorable plan applies for reward distribution.
• Cheating of any kind—including but not limited to mass account registration, self-trading, wash trading, and similar practices—is strictly prohibited.
• Subaccounts, institutional accounts, and market makers are ineligible to participate.
• Users who do not enroll in the Contract Opening Incentive Program or fail to complete identity verification will not receive rewards.
• All rewards will be distributed within 14 business days after the event ends. Rewards less than 1 USDT will not be issued.

Contract trading involves substantial risk, so please participate according to your personal risk tolerance. As markets are highly volatile, exercise caution before investing.

Summary: No Barriers to Entry—Effortlessly Share 50,000 ERA.

The Gate Contract Opening Incentive Program is a low-barrier, high-reward event. Whether you are new to contracts or a seasoned trader, as long as you enroll and open a position, you have a chance to claim a share of the 50,000 ERA reward pool. Plus, the additional 20% ERA contract bonus gives you even more earning potential. Start trading, claim your rewards, and experience the real benefits of contract trading with Gate.