Gate Event Contracts Launch Carnival

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What is an Event Contract?

Event Contracts are an innovative product that allows you to trade based on event outcomes. You can assess the short-term price trends of assets such as BTC and ETH.

Each event corresponds to a clear question. Simply choose the direction you believe is correct and trade. After the event ends, the system settles based on the actual outcome. If your prediction is correct, the winning contract you hold will be settled at the settlement value according to the rules.

The price range for event contracts is 0.01–0.99 USDT, reflecting the market's overall assessment of the probability of that outcome. For example, 0.65 USDT indicates that the market estimates the probability of that outcome occurring is approximately 65%.

The lower the price, the lower the participation cost; the higher the price, the greater the likelihood the market assigns to that outcome. You can flexibly participate in trading different events based on your own market judgment.

Reward 1: First Order Loss Coverage, Share $10,000 Prize Pool

During the event, the first 2,000 users in order of trading time whose first trade resulted in a loss will receive compensation based on the actual loss amount, up to $5 per user. Rewards will be distributed the next day after eligibility is met.

Reward 2: Profit Doubling, Share $20,000 Prize Pool

Rewards will be issued as double the net profits generated from Event Contracts throughout the campaign. The total prize pool stands at $20,000 with a single-user reward cap of $500. Payouts will be allocated in descending order of net profit until the pool is fully exhausted.

Reward 3: Trade Sprint, Share $20,000 Prize Pool

During the event, users whose cumulative Event Contracts trading volume (buy + sell) reaches $1,000 or more will share the $20,000 prize pool in proportion to their total trading volume, with a maximum reward of $1,000 per user.

Tutorial: https://www.gate.com/help/event-contracts/event-functional-guidelines/100581

Notice

  1. All participants must complete Identity Verification before claiming rewards.
  2. Only users who register and trade Event Contracts during the event period are eligible for rewards.
  3. Reward values displayed on the event page are estimated for reference only. Actual reward values are subject to official announcements and actual distribution results.
  4. All rewards will be issued within 7 business days after the event ends.
  5. First-time users of Event Contracts must follow the guide to complete the Innovation Trading Disclaimer quiz and sign the User Agreement. Event Contract token projects carry high risk and volatility. Invest only after fully understanding the risks.
  6. Batch registration of subaccounts, malicious volume manipulation, wash trading, matched orders, and other cheating behaviors are strictly prohibited. Multiple accounts under the same verified user will be treated as one account.
  7. If there is any discrepancy between the translated version and the original English text, the English version shall prevail.
  8. Gate reserves the sole right of final interpretation for this event, and reserves the right to modify relevant terms or cancel the event without prior notice.
  9. This event is not affiliated with Apple Inc.
  10. Users in the UK and other restricted regions cannot use all or part of the services (including participating in this event, game, or contest). For detailed information about restricted regions, please read User Agreement. Please note that we do not intend to solicit or market to customers in such restricted regions.