USDCx Deposit Challenge

USDCx is the USDC-backed stablecoin native to the Canton Network. It is backed 1:1 by USDC held in Circle's xReserve smart contract. USDCx on Canton follows the CIP-56 token standard for seamless composability across assets, apps, wallets, and venues, with highly configurable data disclosure.

Important Rules:

USDCx assets used in the campaign cannot be withdrawn, transferred, or moved in any way during the campaign period. If a user withdraws, transfers, or reduces these assets, they will automatically forfeit their event eligibility and all rewards.

How to Deposit USDCx:

Deposits are limited to on-chain deposits. Select Deposit USDC, then choose Canton Network to access the deposit page.

Friendly reminder: The following event buttons use fixed text and will not change after you complete the tasks.

Event 1: Welcome Deposit Reward—Earn 35 CC

Users who have never made a deposit before can receive a 35 CC reward by making their first USDCx deposit of ≥ 100 USDCx during the event. The total prize pool is 105,000 CC. Rewards will be distributed in descending order based on users' first USDCx deposit amount, on a first-come, first-served basis until the prize pool is fully distributed.

Event 2: Deposit Challenge—Earn Up to 10,000 CC

During the event period, users with a cumulative USDCx deposit ≥ 200 USDCx will qualify to enter the leaderboard and share 230,053 CC in rewards.

Note: Each user may claim only the highest eligible reward tier once. Each reward tier has a cap, and rewards will be distributed in descending order based on deposit volume on a first-come, first-served basis. If rewards in a higher tier are fully distributed, users will automatically receive rewards from the next eligible tier.

Participants must click the [Join Now] button on the event page to register for the event and complete identity verification to be eligible for rewards.
Deposits are limited to on-chain deposits. Select Deposit USDC, then choose Canton Network to access the deposit page. USDCx assets used in the campaign cannot be withdrawn, transferred, or moved in any way during the campaign period. If a user withdraws, transfers, or reduces these assets, they will automatically forfeit their event eligibility and all rewards.
The total prize pool is 335,053 CC. Rewards will be distributed within 14 business days after the event ends.
Any fraudulent behavior, including bulk account registration, malicious trading, self-trading, or coordinated trading, is strictly prohibited. Multiple accounts under the same verified identity will be treated as a single account. Subaccounts are not eligible for this event.
Market makers, enterprises, institutions, and affiliate accounts are not eligible for this event.
In the event of any discrepancy between translated versions and the English version, the English version shall prevail.
Gate reserves the right of final interpretation for this event.
Users in the UK and other restricted regions may not have access to some or all services (including participating in this event, game, or competition). For details on restricted regions, please refer to the User Agreement.

USDCx Deposit Challenge

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