XL1(XL1) will be launched globally on Gate, and holders of GT can share in the 31.64 million Airdrop rewards.

According to the Gate News bot message and the official announcement from Gate, Gate will launch the XL1 Token spot trading for the first time and initiate the 296th HODLer Airdrop event.

This airdrop event will distribute a total of 31,645,570 XL1 tokens to users holding GT. The event will last until September 16, 2025, 19:00 ( UTC+8 ), and the XL1/USDT trading pair will open for trading at 21:00 on the same day.

XL1 is the utility Token of the first layer network of XYO, serving as the native Token of the first scalable data blockchain. The project adopts the ERC-20 standard, with a total supply of 38 billion coins. XL1 is mainly used to pay for gas fees and transaction fees, and supports smart contracts, decentralized applications, and validator rewards. Gate Labs has participated in the investment of the XL1 project.

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