According to official news, Gate has completed the distribution of Kodiak (KDK) tokens in the 5th round of Launchpad. Gate will launch Kodiak (KDK) spot trading on December 23rd at 22:00 (UTC+8), and will also launch Kodiak (KDK) instant exchange trading on December 23rd at 23:00 (UTC+8). To reward platform users, Gate is launching a special VIP 2026 New Year's Red Packet Rain and spot trading competition. The total prize pool for the Gate VIP 2026 New Year's Red Packet Rain is 85,714 KDK and 200,000 CYS, with a total value of approximately 70,000 USDT. Gate is also launching a Kodiak (KDK) trading competition; by participating and sharing 107,142 KDK, a single person can win up to 7,560 KDK.