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Dear Friends 🙋
So Gate is rolling out the fifth edition of their VIP asset protection plan. And honestly, if you are a high volume trader, this is the kind of safety net that makes a real difference.
The whole thing is built around two main protections. First, there is a loss subsidy. If you are VIP 5 or above and you take losses on futures or TradFi CFD trades during the event, they will partially refund you after it ends. The total pool for futures is 20,000 USDT and 10,000 USDT for CFD. The subsidy amount scales with your total loss, starting at 50 USDT for losses between 20,000 and 40,000 USDT, all the way up to 1,000 USDT for losses over 200,000 USDT. For CFD, there is also a minimum trade volume requirement, starting at 100 lots for the lowest tier.
The second protection is more immediate. If you have a single futures position that gets liquidated for more than 2,000 USDT, the system triggers a special task. Complete that task and you get a contract experience voucher. It is automatic and designed to give you a cushion right when you need it.
One thing to keep in mind is the dynamic qualification. The subsidies are not handed out on a first come first served basis for registration. They go to the users who hit the loss thresholds first. So if you are going to participate, starting early gives you a better chance of securing a spot in the pool. The total pools are limited, so once they are gone, they are gone.
Also, this is for natural VIP levels, not temporary ones from trial cards. And VIP 14 and above, market makers, institutions, and heavy API users are excluded.
If you are already trading at these volumes, this is basically free downside protection. Just make sure to register, check the fine print on the minimum loss thresholds, and keep an eye on those liquidation triggers. It is not a license to gamble recklessly, but it does take some of the edge off when markets move against you.
https://www.gate.com/zh/campaigns/5364