Gate will list OpenVPP (OVPP) for spot trading at 10:00 (UTC) on September 19, 2025 and launch the Launchpool project #321. Users can stake ETH to share 361,445 OVPP tokens for free. Airdrop rewards are distributed hourly.
OpenVPP (OVPP) Spot Trading
Trading Start Time: September 19, 2025, 10:00 (UTC)
Deposit OVPP: https://www.gate.com/myaccount/deposit/OVPP
Trade OVPP: https://www.gate.com/trade/OVPP_USDT
Airdrop Details
Staking Period: September 18, 2025 at 10:00 (UTC) – September 23, 2025 at 10:00 (UTC)
Total Staking Rewards: 361,445 OVPP
Unlock Method: Unlock 100%
Gate Launchpool allows users to stake in advance. You can stake your assets before the official launch of the project to ensure you start earning rewards as soon as mining begins.
Users who choose to have their redeemed funds automatically transferred into Simple Earn 7 Day Fixed Term product, can enjoy 70% extra airdrop rewards on top of their original staking earnings. Learn more.
Rewards Distribution
The system will distribute token rewards to users’ spot accounts every hour based on the proportion of assets staked by each user.
Gate Launchpool FAQs
How to Participate: Log in to your Gate account and complete Identity Verification - Navigate to Launchpool - Hold at least 0.00003 ETH - Click [Stake].
Exclusive Staking Limit Privileges for VIP Users
VIP 5 and above users enjoy exclusive staking limits when participating in Launchpool, with up to a 500% staking limit bonus.
Project Information
Introduction:
OpenVPP is a decentralized payment and tokenization layer dedicated to the $10T global utility sector, striving to become the “Internet of Energy.” Its infrastructure modernizes energy payments, enabling programmable stablecoin solutions for smart devices and Virtual Power Plants. OpenVPP directly integrates with distributed energy resources (DERs) and advanced metering, allowing utilities and users faster, secure, and automated transactions suited to next-generation energy ecosystems. The platform’s on-chain capabilities facilitate regulatory-compliant, efficient micropayments and orchestration for global energy networks, aiming to unlock liquidity and accessibility for both traditional operators and web3 applications.
Token Name: OpenVPP
Token Symbol: OVPP
Max Supply: 1,000,000,000
Token Type: ERC-20
Token ID: https://etherscan.io/token/0xb4c6fedd984bc983b1a758d0875f1ea34f81a6af
Token Allocation & Unlock Rules:
Circulating/Market - 80%: Fully circulating, community access
Ecosystem Rewards - 10%: 3-month cliff, 36-month linear unlock, minimum 6 months
Team - 5%: 12-month cliff, 36-month linear unlock
Strategic Partners - 5%: 6-month cliff, 24-month linear unlock
Website: http://openvpp.energy
Whitepaper: https://openvpp.gitbook.io/openvpp-docs/tokenomics-and-roadmap/tokenomics
Gate Labs Investment Disclosure
Gate Labs did not invest in OpenVPP (OVPP).
Notes
- Gate Launchpool is an innovative staking airdrop platform where users can earn hourly airdrops of trending and newly listed tokens by staking GT, BTC, ETH, USDT, GUSD or other tokens. With low entry barriers and high APR, it’s an easy way to capture market opportunities.
- Please complete Identity Verification before participating in Launchpool to enhance the security of your account and assets.
- Please follow the relevant rules of the event when participating. Any cheating behavior is prohibited, which will result in disqualification of the rewards.
- In case of discrepancies between the translated and the original English versions, the English version shall prevail.
- Gate reserves all rights to the final explanation.
- This event is not affiliated with Apple Inc.
- Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the User Agreement for further details on Restricted Locations.
Risk Warning
- As a blockchain startup still in its early stages, the project may involve significant risks in various aspects, including operations, underlying technology, and the legal and regulatory environment.
- Understanding blockchain startups and assessing their inherent risks require advanced technical and financial knowledge.
- Due to influences from technology, regulatory frameworks, market conditions, and other factors, the project you participate in may experience significant price volatility, with prices potentially rising or falling sharply.
- Due to issues related to the underlying technology of the project or the Gate trading platform, you may be unable to withdraw all or part of your assets from the project.
- Cryptocurrency projects are high-risk by nature, and cryptocurrency prices are highly volatile. The project team does not provide any form of margin, price commitment, or downside protection. Please ensure you fully understand the risks and are capable of bearing them before participating. While the platform strongly warns of potential risks, it cannot assume liability for any investment decisions or provide any guarantees or compensation.
Gate Team
September 18, 2025
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