Gate launches the Cygnus ( CGN ) staking event, where staking GUSD, USDT, or CGN can share 6 million CGN Token rewards.

According to the Gate News bot message, on October 23, 2025, Gate announced:

Gate will launch the 333rd phase of the Launchpool project Cygnus (CGN) token staking airdrop event at 20:00 on October 23, 2025. This event will last until 20:00 on November 4, with a total airdrop amount of 6 million CGN tokens. Users can participate in mining by staking GUSD, USDT, or CGN, and the system will distribute rewards every hour based on the staking proportion.

Cygnus is a Web3 application layer project based on Instagram, dedicated to integrating on-chain and off-chain assets through Cygnus LVS technology to promote the development of the creator economy.

Gate has also launched exclusive activities for new users. New users who register after 8:00 on October 18, 2025, can participate in the USDT staking pool and meet the conditions to receive a 100 USDT position experience voucher, with a total of 3,000 slots available. It is reported that Gate Labs did not participate in the investment of the Cygnus (CGN) project.