🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
KiloEx has destroyed over 8.6 million unclaimed Airdrop KILO and launched spot trading.
BlockBeats news, on September 16, according to official news, the perpetual futures DEX KiloEx, invested by YZi Labs, announced the permanent destruction of the unclaimed portion of the community incentive airdrop, totaling 8,609,242.68589183 KILO, and has cumulatively destroyed 1,573,988.58 KILO through the xKILO vesting mechanism. This large-scale destruction directly reduces the market circulation supply, releases deflationary signals, and is expected to alleviate future selling pressure, showcasing the project party's commitment to long-term value. Meanwhile, KiloEx's spot trading product has officially launched, completing the product line from contracts to spot, aiming to capture real spot users and trading flow, forming a synergy with the perpetual business, further enhancing platform liquidity and token value support.