Gate Launchpool Project #359: Echelon (ELON). Stake USD1 or ELON to Claim Airdrops

2026-02-04 08:01:27 UTC
1,035 views

Gate Launchpool is set to launch project #359: Echelon (ELON). Users can stake USD1 or ELON to share 350,000 ELON tokens for free. Airdrop rewards are distributed hourly.

Airdrop Details

Mining Period: February 04, 2026 at 12:00 (UTC) – February 25, 2026 at 12:00 (UTC)

Total Staking Rewards: 350,000 ELON
Unlocking Rule: Unlock 100%

Staking Cap for USD1 Pool:

Your staking cap will be determined by your 60-day total trading volume. Achieve a higher trading volume to unlock a higher staking cap.

60-Day Total Trading Volume = 60-Day Spot Trading Volume + (60-Day Futures Trading Volume × 40%) + (60-Day Options Trading Volume x 5%)

Rewards Distribution:

The system will distribute token rewards to users' spot accounts on an hourly basis, based on the proportion of assets they have staked. Users failing to achieve the minimum trading volume requirement of 60,000 USD within a 60-day period will be disqualified from participating in USD1 staking and receiving hourly airdrop distributions. Please ensure you meet the minimum trading volume requirement in advance.

Early Staking:

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.

How to Participate:

Log in to your Gate account and complete Identity Verification - Navigate to Launchpool - Hold at least 1 USD1 / 1 ELON - Click [Participate].
Gate Launchpool FAQs

Project Information

Echelon Market is a decentralized, non-custodial lending protocol Purpose-built with the Move programming language, Echelon is currently deployed on Aptos, Movement, and Initia. The protocol enables users to access a capital-efficient and secure way to access permissionless leverage via over-collateralized loans.

Website: https://echelon.market/
X (Twitter): https://x.com/EchelonMarket

Gate Labs Investment Disclosure

Gate Labs did not invest in Echelon (ELON).

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 Team
February 4, 2026

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