PANews reported on January 8 that according to the official announcement, Gate.io will launch the global first Powerloom (POWER) spot trading at 17:00 (UTC+8) on January 10, 2025, and will launch a POWER token airdrop worth US$1 million to GT holders.

It is reported that from January 8 to January 10, 2025, the Startup GT exclusive airdrop will release a POWER quota worth 200,000 US dollars. Users holding more than 10GT can get the POWER token airdrop for free, and the personal hard cap is 30,000GT; in addition, from January 8 to January 15, 2025, users holding GT or USDT can also participate in staking mining, with a personal hard cap of 1,000 GT and a personal hard cap of 10,000 USDT, of which the USDT novice hard cap is as high as 20,000, and the total prize pool is as high as 800,000 US dollars of POWER.