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Union(U) will log in to Gate's full suite, staking can share 6.5 million U rewards.
Gate News bot news, according to the official announcement from Gate on September 4, 2023:
Gate will launch Union (U) token spot trading on September 4, 2025, at 17:00 (UTC+8). At the same time, the platform will collaborate with Union to launch multiple activities, including the Launchpool staking event (prize pool of 6.5 million U), Yubi Treasure (prize pool of 2.5 million U), BountyDrop (prize pool of 500,000 U), and contract trading competition (prize pool of 3 million U), among others.
Union is a zero-knowledge (ZK) interoperability layer 1 blockchain project focused on providing settlement and liquidity layers for protocols and asset issuers. The project is characterized by its independence from trusted third parties, oracles, multi-signatures, or secure multi-party computation (MPC), and it can support seamless asset issuance and scaling across thousands of chains, aiming to achieve sub-second cross-chain settlement.
The project will also launch a limited-time hot coin trading competition in the Gate Alpha section, where participants can earn up to $300 in rewards.
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