Just saw the news: In the past hour, the whole network got liquidated for $930 million, mainly long orders.

The market has collapsed, and I advise everyone not to trade contracts anymore; holding mainstream spot assets has a chance.

Given the current market situation, it's better to participate in the exchange's activities; at least I can earn some pig's foot rice.

I see that Gate Launchpool has new offerings, you can stake ETH and ON to receive airdrops.

Organize the key points of mining:
The project for this Launchpool is Orochi Network, a verifiable data infrastructure aimed at ensuring data integrity and privacy through advanced encryption technology, with a pretty good background.

Event Time: November 21, 2025 18:00 (UTC+8 to November 24, 2025 18:00 )UTC+8
Total mining volume: 400,000 ON
Unlock Method: 100% Unlock
You can currently pledge in advance, so you can mine coins as soon as they are launched.

You should know that at the beginning, the APY is the highest, and the airdrop rewards are distributed hourly, which is quite considerate of Gate.

Everyone with ETH and ON coins remember to participate:

For more details about the event, you can check the official announcement: