Gate News bot message, according to the Gate announcement on October 23, 2025:
Gate will launch the 333rd Launchpool project Cygnus (CGN) token staking airdrop event on October 23, 2025, at 20:00. This event will last until November 4 at 20:00, 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 hourly based on the staking ratio.
Cygnus is a Web3 application layer project based on Instagram, dedicated to integrating on-chain and off-chain assets through Cygnus LVS technology, promoting 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, and participate in the USDT staking pool while meeting the conditions can 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.