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
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
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
IPO Access
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.
In the past couple of days, I’ve been looking at a few DAO proposals. On the surface, they’re about “increasing participation,” but on closer inspection, they’re really redrawing the lines of power: who can submit proposals, who can receive subsidies, and whose votes are “cheaper.” A lot of people only focus on the voting results, but I care more about how incentives are embedded into the rules—so that, in the end, it pulls everyone’s behavior toward the same direction. Put simply, a proposal isn’t an opinion; it’s game design.
And about the recent testnet incentives and points setup—everyone’s guessing whether the mainnet will issue tokens. I understand that, but once a “set expectation” is written into the system through the proposal, it becomes very hard to turn back later. What I don’t regret is that before every vote, I always ask one question first: isn’t this rewarding contributions—or buying loyalty? Let’s start with that.