Gate Launchpad Phase 4: Plasma (XPL) officially launched.

The rules this time are actually quite interesting; instead of competing on speed, the trading volume is directly linked to the subscription limit. The higher the trading volume, the more shares can be obtained, making the whole gameplay feel more like an "efficiency competition."

According to the threshold:
– A total trading volume of 120,000 U, can subscribe for 3,000 XPL
– Cumulative trading volume of 1,000,000 U, can subscribe for 15,000 XPL
– A total trading volume of 3,000,000 U, can subscribe to 30,000 XPL (full amount)

The core money-making logic has three steps:
First, convert the trading volume into subscription qualifications. A trading volume of 3 million requires about 3,000 U in fees, but the principal will hardly be lost.
Second, subscribe with GUSD, the cost is 0.35 U/XPL, and the full amount is 10,500 GUSD for 30,000 XPL. GUSD is pegged to USDT at a 1:1 ratio, and it also offers an annual yield of 4.4%, which is equivalent to locking chips on a stable asset.
Third, wait for the premium from the secondary market. The pre-market price is around 0.75 U, and if it reaches 1 U upon listing, the profit margins calculated at a cost of 0.35 would be approximately 9,000 U and 16,500 U respectively.

I have also assessed the risks myself: the project has a Plasma public chain background, so the probability of a price drop is low; the cost of increasing volume can be reduced through rebates or grid trading; upgrading to VIP1 in advance can basically ensure the subscription share.

I personally think that this time Gate has introduced a new twist to the Launchpad. It's not just a simple lottery based on luck, but rather those who are more willing to understand the rules and increase trading volume will be able to secure more low-priced tokens. Compared to activities that rely purely on luck, this model is more suitable for those who are willing to calculate and plan.