According to the Gate News bot message, the official announcement from Gate is on June 21, 2025. Gate will launch the League of Traders staking mining event for the LOT token on Launchpool from June 21, 2025, 20:00 to June 26, 20:00 UTC+8, during which users can participate by staking ETH and GT. A total of 2 million LOT tokens will be distributed as rewards. League of Traders is the largest social trading platform in South Korea, providing users with a cryptocurrency trading experience through gamification. The project has received support from crypto venture capital firms such as Mirana, C3 Ventures, Cadenza, and the South Korean gaming company Neowiz. This mining activity adopts a mechanism of distributing rewards based on the staking ratio every hour, and all rewards will be 100% unlocked. Users can stake their assets in advance to ensure they receive benefits immediately after the activity starts. Gate Labs declares that it has not participated in the LOT project investment.

According to the Gate News bot message, as per the official announcement from Gate on June 20, 2025: Gate will launch the LOT perpetual contract spot trading on June 20, 2025, at 20:05 (UTC+8). The newly added perpetual contract will use USDT as the settlement currency. The newly launched LOT perpetual contract will support leverage trading of 1-20 times, allowing users to go long and short. The specific trading parameters of the contract, including funding rates, minimum tick size, maximum leverage, risk limits, and maintenance margin, will be adjusted based on market conditions.