🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
The SOON community released a proposal for "token burning and repurchase plan in response to potential market manipulation," with a support rate of 100%.
ChainCatcher news, the SOON community has released a proposal for "token burning and repurchase plan in response to potential market manipulation". Currently, the proposal support rate is 100%. The proposal includes that on July 5, SOON Token faced an organized market manipulation attack, with the price falling from $0.22 to $0.13, a decrease of 41%. The attackers withdrew 22 million Tokens from the exchange and manipulated the market using derivation. To this end, the SOON Foundation proposes to burn 30 million Tokens (accounting for 3% of the total supply): among them, 7.7 million Tokens will be immediately burned from unclaimed airdrops, and the remaining 22.3 million Tokens will be burned through buybacks. This move aims to reduce the circulating supply, restore market confidence, and combat manipulation.