Initial Listing: Gate to List Bitlight Labs (LIGHT) Spot Trading and Launch Launchpool

Gate will initially list Bitlight Labs (LIGHT) for spot trading at 13:00 on September 27, 2025 (UTC) and launch Launchpool project #324. Users can stake GUSD to share 168,068 LIGHT tokens for free. Airdrop rewards are distributed hourly.

Bitlight Labs (LIGHT) Spot Trading

Trading Starts: September 27, 2025, 13:00 (UTC)

Deposit LIGHT: https://www.gate.com/myaccount/deposit/LIGHT
Trade LIGHT in USDT Market Via: https://www.gate.com/trade/LIGHT_USDT

Airdrop Details

Staking Period: September 25, 2025 at 12:00 (UTC) – September 29, 2025 at 12:00 (UTC)

Total Staking Rewards: 168,068 LIGHT

Unlocking Rule: Unlock 100%
Gate Launchpool allows users to stake in advance. You can stake your assets before the official launch of the project to ensure you start earning rewards as soon as mining begins.

Rewards Distribution

The system will distribute token rewards to users’ spot accounts every hour based on the proportion of assets staked by each user.
Gate Launchpool FAQs
How to Participate: Log in to your Gate account and complete Identity Verification - Navigate to Launchpool - Hold at least 0.05 GUSD - Click [Stake].

Exclusive Staking Limit Privileges for VIP Users

VIP 5 and above users enjoy exclusive staking limits when participating in Launchpool, with up to 500% staking limit bonus.

Project Information

Introduction: Bitlight Labs is a Bitcoin and Lightning Network infrastructure company and a major contributor to the RGB protocol. It is dedicated to enabling native smart contracts and stablecoin transactions on Bitcoin and the Lightning Network. The company develops core code for the Lightning Network and the RGB protocol, along with developer tools and applications, aiming to provide scalable, sovereign asset solutions on the world’s most secure decentralized network.

Token name: Bitlight Labs
Token symbol: LIGHT
Max Supply: 420,000,000
Token Type: BEP-20
Token ID: https://bscscan.com/address/0x477c2c0459004e3354ba427fa285d7c053203c0e
Token Distribution and Unlocked Rules:
Ecosystem & Community Growth - 50.64%: Release will occur in phases aligned with the development of the RGB and Bitlight ecosystems. Phase I will release 3.22%.
Protocol Development & Bitlight Foundation - 11%: 12-month cliff, then 60-month linear vest
Private Sales - 13.59%: 6-month cliff, then 36-month linear vest
Liquidity - 4%: 100% at TGE
Team & Advisors - 10.77%: 12-month cliff, then 36-month linear vest
Listing Reserve - 10%: The specific unlock schedule is not yet determined and will depend on the timing of future listings.
Website: https://bitlightlabs.com/
Whitepaper: https://blog.bitlightlabs.com/

Gate Labs Investment Disclosure

Gate Labs did not invest in Bitlight Labs (LIGHT).

Notes

1. Gate Launchpool is an innovative staking airdrop platform where users can earn hourly airdrops of trending and newly listed tokens by staking GT, BTC, ETH, USDT, GUSD or other tokens. With low entry barriers and high APR, it’s an easy way to capture market opportunities.
2. Please complete Identity Verification before participating in Launchpool to enhance the security of your account and assets.
3. Please follow the relevant rules of the event when participating. Any cheating behavior is prohibited, which will result in disqualification of the rewards.
4. In case of discrepancies between the translated and the original English versions, the English version shall prevail.
5. Gate reserves all rights to the final explanation.
6. This event is not affiliated with Apple Inc.
7. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the User Agreement for further details on Restricted Locations.

Risk Warning

1. As a blockchain startup still in its early stages, the project may involve significant risks in various aspects, including operations, underlying technology, and the legal and regulatory environment.
2. Understanding blockchain startups and assessing their inherent risks require advanced technical and financial knowledge.
3. Due to influences from technology, regulatory frameworks, market conditions, and other factors, the project you participate in may experience significant price volatility, with prices potentially rising or falling sharply.
4. Due to issues related to the underlying technology of the project or the Gate trading platform, you may be unable to withdraw all or part of your assets from the project.
5. Cryptocurrency projects are high-risk by nature, and cryptocurrency prices are highly volatile. The project team does not provide any form of margin, price commitment, or downside protection. Please ensure you fully understand the risks and are capable of bearing them before participating. While the platform strongly warns of potential risks, it cannot assume liability for any investment decisions or provide any guarantees or compensation.

Gate Ekibi
25 Eylül 2025

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