Gate launches Paynetic (PYN themed trading competition, annualized 150% financial management launched simultaneously.

PANews July 1 news, according to an official announcement, the world-leading encryption asset platform Gate officially launched the Paynetic (PYN) themed trading competition and Simple Earn high-yield financial products, further enriching the user participation experience. The PYN trading competition will officially start on July 1, 2025, at 15:00 (UTC+8) and will last until July 8 at 15:00 (UTC+8). The total prize pool is as high as 4,000,000 PYN, covering three major modules: trading ranking distribution, first order rewards, and invitation rebates. Among them, users with a spot trading volume exceeding $5,000 will compete for 3,000,000 PYN rewards based on their trading volume ranking. New registered users and their invitees can also share an additional 500,000 PYN rewards after completing designated trading tasks, on a first-come, first-served basis. In addition, Gate Simple Earn has launched the PYN 7-day fixed investment product, with an annualized yield of up to 150%, and a total quota of 55 million PYN. This product is available in limited quantities and aims to provide users with a more attractive short-term capital appreciation plan.