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.
Shuāmáo (profit harvesting) is already dead. Those who are not convinced will be convinced after being counter-harvested a few more times.
The core of Shuāmáo is to profit from clone coins. Why could we profit in the past? Because there was a clone season. The market had expectations, project teams had expectations, and the profit-harvesting people also had expectations. Project teams dared to distribute generously, and those who received airdrops weren’t in a rush to sell. Often, the ones who held on the longest made the most money.
Now, it’s completely reversed.
Now, whoever takes profits sells, and those who hold longer lose more. Since everyone’s first reaction upon receiving is to sell, why would project teams still be generous? Anyway, it’s all going to dump eventually, so why not keep that part of the money themselves and dump it?
So, for many projects now, airdrops are no longer what they used to be. Take Aztec, for example — they simply don’t give anything at all. Even for projects still distributing airdrops, it’s mostly just for show. All the “witches” are arranged, and most people end up not even recouping their initial investment.
The premise that profit-harvesting can make money is gone.
In the past, airdrops were tools for wealth creation—project teams used future expectations to attract users, generate hype, and increase liquidity. Now, airdrops are more like a staged performance. Project teams don’t want to give much; users sell immediately upon receipt. Everyone knows what the other side is thinking, and no one even bothers to pretend.
Clone season probably won’t come back like it used to. Without clone season, there’s no cycle of issuing tokens, pumping prices, creating wealth, and attracting more people into the market. Once this cycle is broken, the profit-harvesting model is officially over.
Although profit-harvesting is over, there will still be opportunities to make money. There will be new ways to issue assets in the future. Seize the next opportunity, and you can turn things around again.
What you need to do now is actually very simple: preserve your principal, live well, stay healthy, and wait for the next big cycle opportunity.