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Gate.io Bi-Weekly Report, 2020 June Issue #2

2020-07-01 10:41:02Read:27670

To enhance communication with our users, Gate.io has started sharing the Gate.io Bi-Weekly Report. You can scan through the recent updates and announcements from the 16th till the 30th of June 2020, which have been summarized in this report.

GateChain Mainnet 1.0 Genesis was launched including 19 pivotal innovations such as revocable stolen assets, retrieving assets when private keys are lost, post-quantum attack, low-threshold PoS mining participation, double profits of loyalty nodes, high decentralization, high-performance consensus structure and one-tap chain issuance features. All those will provide individuals and the financial industry with all-round solutions regarding safety. Additionally Gate.io will launch a USDT Delivery Contract trading competition without risk of actual loss.The volume of perpetual contracts trading reached $1,698,154,442; the volume of crypto-crypto trading reached $594,471,711.

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1. The GateChain Mainnet Genesis Hard-core Launch, PoS Mining Has Been Initiated


The GateChain Mainnet Genesis 1.0 has officially been launched on June 29th. The Mainnet features 19 pivotal innovations such as revocable stolen assets, retrieving assets when private keys are lost, post-quantum attack, low-threshold PoS mining participation, double profits of loyalty nodes, high decentralization, high-performance consensus structure and one-tap chain issuance features, providing a strong security scheme for users.
For further details, please check here: https://www.gate.io/article/17595

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2. Gate.io Futures Trading Simulation- Rank Daily, Win 3000 GT


From 9:00 AM GMT June 30th, 2020 to 9:00 AM GMT July 7th, 2020 (7 days in total), our Gate.io Futures feature will provide rewards of 3,000 GT to award users who perform well in the contest, which is only for BTC/USDT Gate.io Futures (applicable to this week, next week, and the entire season) with a highest potential leverage of 100 times. Users can transfer their insurance funds of 1,000 USDT for trading every day without risk of actual loss. 30 winners will be awarded every day during 7 successive days. We are looking forward to your participation!
For further details, please check here: https://www.gate.io/article/17598

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3. AMA Announcement of Ravencoin


Our CMO Marie will interview lead developer of the Ravencoin project, Tron Black, on Thursday the 2nd of July. They will be covering fundamentals, what value the Ravencoin blockchain has to offer as well as some highlights of the development roadmap for the future.
For further details, please check here: https://www.gate.io/article/17597

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4. Gate.io 7-Day Spot & Futures Trading Contests Concluded - with a Maximum Daily Rate of Return of 236.31%


Gate.io 7-Day Spot & Futures Trading Contests - 20K GT Giveaway has concluded. Users were very eager to take part in the contest with 642 participants in total. The highest return rate of users participating in Futures was 236.31% (June 24th). Congratulations! Users can check the received rewards at “My Wallets – My Billing.”
For further details, please check here:https://www.gate.io/article/17596


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5. Gate.io HODL & Earn Launches SENC Lock-up & Earn, Annual Interest Rate 60%; Gate.io HODL & Earn Launches SERO PoS & Earn(Issue 4), Annual Interest Rate 20%


SENC Lock-up & Earn for 60 Days was launched on Gate.io HODL & Earn at GMT 4:00 AM June 18, 2020. The total amount of SENC to be locked was 50,000,000 with an annual interest rate of 60%. For further details, please check here: https://www.gate.io/article/17566
SERO PoS Mining & Earn (Issue 4) has been launched on Gate.io HODL & Earn. The annual interest rate is 20%.For further details, please check here: https://www.gate.io/article/17583

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6. Gate.io Upgrades Its VIP-Tiered Fee Structure (Upgrade by Asset Amount)


Gate.io has proposed an upgrade to its VIP tiered fee structure, enabling users to upgrade their VIP levels based on their amount of assets (calculated in BTC). The previous VIP tiered fee structure that is powered by trading volume and GT holdings is still applicable. When a user meets the VIP upgrade requirements in both the previous VIP scheme and the newly released scheme, the scheme that leads to a higher VIP level shall prevail.
For further details, please check here: https://www.gate.io/article/17574

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7. Gate.io Perpetual Contract Web Page Update


The interface of Gate.io's perpetual contract web page has been updated! The aim of the page layout's adjustment was to make it easier for users to access and commence perpetual contract trading. It includes these new adjustments:
1. The order area has been moved to the right side of the page.
2. More significant interface of K-line display.
3. Order Book and Trade History areas have been placed closer together.
For further details, please check here: https://www.gate.io/article/17565

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8. Gate.io Releases Android App with “Pay-to-subscribe Livestreams” and “Recording Short Videos”


Gate.io has released the newest version of its Android app (2.6.4) on June 20th with added features such as pay-to-subscribe livestreams.For further details, please check here: https://www.gate.io/article/17573
And Android app (2.6.5) has been released following the Android app (2.6.4). It includes a new feature of “recording short videos” and optimized display of “Posts.”For further details, please check here: https://www.gate.io/article/17588

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9. Gate.io has Released iOS TestFlight 2.4.8


Following the update of Android app, Gate.io has rolled out iOS TestFlight 2.4.8 with added features such as hiding users, searching, sharing and inviting friends in "Posts, and real trade rankings.
For further details, please check here: https://www.gate.io/article/17584

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10. Gate.io Listing Vote #12 – Cartesi VS Solana; Solana Won and Has Been Launched


By GMT 4:00 AM June 24th, 2020, there were 2,472 participants, contributing a total of 53,297,795 votes. For Solana, there were 1974 supporters with 40,423,687 votes. Solana received 27,549,579 more votes and was the winner in this round. Currently, we’ve distributed the airdrop to the users.
For further details, please check here: https://www.gate.io/article/17578

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11. Gate.io Single Listing Vote #2 AR Has Been Launched; Gate.io Single Listing Vote #3 COMP Has Been Launched


Gate.io Single Listing Vote #2 Arweave was held on June 19th. By GMT 4:00 AM, there were 1,842 participants, contributing 46,902,156 votes in total. Gate.io has distributed 10,000 AR in the airdrop to voters.For further details, please check here: https://www.gate.io/article/17572
Gate.io Single Listing Vote #3 Compound was held on June 24th. By GMT 4:00 AM, there were 2,029 participants, contributing 48,580,039 votes in total. Gate.io has distributed 50 COMP airdrops to voters.For further details, please check here: https://www.gate.io/article/17581

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12. Gate.io Launches COMP and FIL Perpetual Contract Trading (USDT settled)


Gate.io has launched COMP/USDT and FIL/USDT perpetual contracts trading settled in USDT. Traders can earn profits by going long or short with 1-20x leverage.

For further details, please check here: https://www.gate.io/article/17576

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13. Gate.io Now Provides FIL (IPFS) Margin Trading and Borrow & Lending Services


Gate.io now supports FIL (IPFS) 3L & 3S margin trading and FIL lending services. Users are allowed to go short by borrowing FIL or go long by borrowing USDT.
For further details, please check here: https://www.gate.io/article/17587

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14. Gate.io Startup 20% Discount ETH Sale (No.25) Concluded Successfully


Gate.io Startup 20% Discount ETH Sale (No.25) began on June 29th.In this sale, there were 1,461 participants, and a total of about 2.4 million USDT worth of orders were placed to purchase ETH with a 20% discount. The distribution ratio was about 8.354%.The sale concluded successfully and we’ ve distributed ETH to the users in accordance with the orders and F (distribution ratio with GT).For further details, please check here: https://www.gate.io/startup/50

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15. AMA Announcement of Cartesi and Solana


Our CMO, Marie Tatibouet had an AMA session with Erick de Moura, Founder & CEO of Cartesi and Anatoly Yakovenko, Founder of Solana. They covered fundamentals and the highlights of both projects.
For further details, please check here: https://www.gate.io/article/17571

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16. Gate.io BTC Sale (No.24) GT Buy-Back and Burn 371,747.9981 GT

In this “Special Offer,” Gate.io received 200,000 USDT. The team purchased 371,747.9981 GT from the open market, and the purchased GT have now all transferred to the following token burn address. Current circulating supply is 188,258,000.5452 (total supply-burned amount) and Actual circulating supply is 158,258,000.5452 (current circ.supply- stored amount).
For further details, please check here: https://www.gate.io/article/17589

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17. Gate.io Research: Application of Zero-Knowledge Proofs (ZKPs) in Blockchain


The report suggests that:
1. ZKPs, or zero-knowledge protocols, have not been applied to real- world scenarios until the arrival of Blockchain.
2. As the first ever Blockchain that adopts ZKPs, Zcash uses specific ZKPs called zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge).
3. Zcash makes it possible to allow transactions to be verified without revealing the sender, receiver, or transaction amount.
4. Zk-Snarks enable one party (the prover) to prove to another (the verifier) that a statement is true, without revealing any information beyond the validity of the statement itself.
5. It is expected to be a pivotal area on ensuring privacy while in the meantime guarding against the malicious abuse of privacy mechanisms as ZKPs continue to play a significant role in the Blockchain eco.
For further details, please check here: https://www.gate.io/article/17586

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If you have any suggestions that can help us improve this report, do let us know via “Live Support” on the Web! We always strive to make improvements to provide more clear and valuable news for users.



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July 1st, 2020
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