Gate Launchpad has completed the 5th phase of Kodiak (KDK) token distribution and will launch spot trading

According to official news, Gate has completed the distribution of the Launchpad Phase 5 Kodiak (KDK) token subscription. Gate will launch Kodiak (KDK) spot trading on December 23 at 22:00 (UTC+8) and will launch Kodiak (KDK) swap trading on December 23 at 23:00 (UTC+8).

To give back to platform users, Gate has specially launched the VIP 2026 New Year Red Envelope Rain and spot trading competition. The total prize pool for the Gate VIP 2026 New Year Red Envelope Rain event is: 85,714 KDK and 200,000 CYS, with a total value of approximately 70,000 USDT. Gate is hosting the Kodiak (KDK) trading competition, with a total of 107,142 KDK to be shared among participants, with a maximum individual prize of 7,560 KDK.