According to an official announcement, Gate will launch Hippo Protocol (HP) spot trading at 5:00 PM on September 17th (UTC+8). To reward platform users, Gate is launching the Launchpool and Hippo Protocol (HP) trading competition. The Gate Launchpool will run from 5:00 PM on September 17th to 5:00 PM on September 22nd (UTC+8). Users who stake BTC and HP will share 1,882,531 HP. Furthermore, users who stake BTC and choose to redeem their BTC and transfer their assets to the Yubibao [7-Day] fixed-term product will receive an additional 70% airdrop bonus on top of their original staking income. The Gate Hippo Protocol (HP) trading competition will run from 4:00 PM on September 18th to 4:00 PM on October 2nd (UTC+8). Users who complete spot transactions, new user first transactions, and invite friends can share 1,129,518 HP, with the highest single-player win being 86,210 HP.