To help users tap into USD1 yield opportunities more easily, Gate is launching the "USD1 Convert Rewards Season" event on Convert. During the event, users who convert USDT, USDC, or other assets to USD1 and reach the specified amount will receive additional USD1 rewards, plus leaderboard rewards up for grabs.
During the event, users who buy USD1 via Convert and reach the following thresholds based on cumulative net purchase amount will receive USD1 rewards according to the corresponding tier. Rewards for this event are limited and distributed on a first-come, first-served basis while supplies last.
| Cumulative Net Buy Amount (USD1) | Rewards | Number of Winners |
|---|---|---|
| ≥ 100 USD1 | 1 USD1 | Top 5,000 |
| ≥ 1,000 USD1 | 3 USD1 | Top 1,000 |
| ≥ 5,000 USD1 | 50 USD1 | Top 300 |
| ≥ 10,000 USD1 | 500 USD1 | Top 100 |
Note: Rewards will be distributed based on the highest tier corresponding to the user's cumulative net purchase amount of USD1 during the event period. Rewards from multiple tiers will not be stacked.
During the event, users ranked in the top 50 by cumulative net buy amount of USD1 will be eligible to share an additional USD1 reward.
| Rank | Rewards |
|---|---|
| 1st Place | 2,000 USD1 |
| 2nd-3rd Place | 500 USD1 / person |
| 4th-10th Place | 200 USD1 per person |
| 11th–50th Place | 50 USD1 per person |
Gate Team
June 10, 2026
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