PANews October 19 news, according to the official announcement, Gate ETF launched the Q3L/USDT and Q3S/USDT trading pairs on October 19 at 15:00 (UTC+8), where Q3L is a 3x long Q product and Q3S is a 3x short Q product, both with an initial net asset value of 1 USDT.
At the same time, Gate launched an ETF new listing trading challenge from October 19 at 17:00 to October 28 at 17:00 (UTC+8), with a total prize pool of 60,000 USDT. After completing registration, users who trade Q3L/USDT or Q3S/USDT can participate in tasks such as the new product first trade, cumulative trading check-in, all-user trading prize pool, and inviting friends. Among them, the first 1,000 users whose first trade volume reaches 100 USDT during the event period can receive a 10 USDT ETF trading fee cashback voucher; a single-day cumulative trading volume of 1,000 USDT completes the check-in for that day, and users can receive up to 100 USDT in rewards cumulatively; when the trading volume of all users reaches the corresponding threshold, a prize pool of up to 30,000 USDT can also be unlocked. Users whose personal cumulative trading volume in Q3L/USDT and Q3S/USDT reaches 1,000 USDT can participate in sharing the final unlocked prize pool, with rewards distributed according to each person's share of trading volume, and a maximum of 500 USDT per person.