Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
#治理投票 Recently, the Sybil filtering mechanism of Lighter has been trending everywhere. I heard that the founder Novakovski responded on Twitter Space, so I looked into the details... This time I finally understood that there are so many considerations behind "governance voting" 😅
In simple terms: Lighter has set up an appeal channel to prevent unfair algorithms, but surprisingly few people use it? My first reaction was—this is a good thing, indicating that the filtering is fairly fair? But I also find it a bit strange—why not directly disclose the algorithm details so everyone can have a clear understanding?
Later, I understood the team's reasoning: if they disclose it, it’s easy for people to exploit loopholes to optimize and evade, which would disable the Sybil protection. It’s indeed a tricky situation—balancing transparency VS security.
The most interesting part is that they emphasize tokens as the core, where all stakeholders (early users, the team, investors) have their interests bound through tokens, without separating equity and token systems. It’s like they’re saying: we are truly on the same boat.
Although it still sounds a bit complex, this design approach seems to aim for making governance voting fairer. I want to ask everyone—what are your thoughts on this appeal mechanism?