Gate Launchpad Latest Update: The fifth phase of Kodiak (KDK) subscription has concluded,

This is the final result of the subscription for Kodiak (KDK) on the Gate Launchpad. This Launchpad event has become the focus of the recent market due to its unique 100% one-time unlock mechanism and the dual-asset model supporting participation with the RWA yield-bearing stablecoin GUSD.

With the subscription ending on December 21 at 16:00 (UTC+8), the tokens are expected to be fully distributed by December 22 at 16:00 and spot trading will open on December 23 at 22:00.

01 Project Highlights Overview

The core information of Gate Launchpad Phase 5 project Kodiak (KDK) can be quickly grasped through the following table:

02 Mechanism innovation, reducing participants' financial time costs

Unlike the commonly seen linear release model in the past, the most notable feature of the Kodiak (KDK) Launchpad is the adoption of a 100% one-time unlock token distribution model.

This means that participants can fully hold all the KDK assets obtained after the token distribution is completed, without having to go through a lengthy unlocking waiting period. This design significantly reduces the time cost for participants and the uncertainty of future token releases, making the planning of fund allocation more intuitive and controllable.

This Launchpad simultaneously opens up participation in subscriptions with two assets: USDT and GUSD. Among them, GUSD is a yield-bearing stablecoin backed by government bonds (RWA).

This design offers participants greater flexibility: users can hold interest-bearing stable assets while participating in the early allocation of new coins during the subscription period.

03 Subscription Results and Allocation Mechanism Analysis

During the 48-hour subscription window, market funds showed a high level of participation. Data shows that the total subscription amount has exceeded 146 million USD.

Among them, the USDT subscription pool has gathered approximately 90,515,089.8 USDT, while the GUSD pool has also attracted about 55,778,210.69 GUSD in funds.

This Launchpad uses the “average locked amount per hour” as the basis for the final token distribution.

The system will record and calculate the average amount of users' locked positions hourly throughout the entire subscription period. This means that users who complete the subscription early and maintain their locked positions will have an advantage in the final allocation under the same funding conditions, encouraging early and stable participation.

The platform has set a personal subscription limit to ensure fairness, with each user able to obtain a maximum of 30,000 KDK (of which the USDT pool limit is 21,000 KDK and the GUSD pool limit is 9,000 KDK), and participants must complete identity verification.

04 Project Background and Ecological Positioning

Kodiak is not a new project that appeared out of nowhere; it is a decentralized liquidity platform that has made substantial progress within a specific ecosystem.

The project focuses on token issuance, trading, and advanced liquidity management, aiming to become a one-stop DeFi solution.

The important background is that it was incubated by the “Build a Bera” accelerator of the Berachain ecosystem and received support from well-known institutions such as Hack VC and Amber Group, with a total financing amount exceeding 5.3 million USD.

It is worth noting that within the Berachain ecosystem, Kodiak has captured more than 90% of the spot and perpetual contract DEX market share, demonstrating its position as a native core infrastructure.

05 Incentives Beyond Launchpad

Gate provides additional financial incentives for successful participants in this Launchpad by combining new asset subscriptions with financial returns.

Users who successfully subscribe to KDK can participate in exclusive USDT financial activities. Among them, new users of YuBiBao can subscribe to a 3-day fixed-term financial product in USDT, enjoying an annualized return rate of up to 200% (of which 100% is distributed as USDT interest and another 100% is given as extra rewards in GT tokens).

All users who participated in the KDK subscription can subscribe to a 30-day fixed-term financial product for USDT, earning an annualized return of 2%, with no subscription limit. The activity period is from December 19, 16:00 to December 26, 16:00 (UTC+8).

06 Industry Evolution and the Positioning of Gate Launchpad

The recent Launchpad event represented by Kodiak is a microcosm of Gate's continuous innovation in the asset issuance field. Not long ago, Gate launched the Web3 Launchpad.

Unlike traditional centralized custody models, the Web3 Launchpad emphasizes the transparency of the entire fundraising and distribution process through on-chain verifiable issuance mechanisms. This signifies that the industry is evolving from a “traffic economy” that relies on brand endorsements to a “trust economy” based on code transparency and rule certainty.

Whether it is the user-friendly design of 100% one-time unlock and dual asset subscription adopted by this KDIK, or the on-chain transparency pursued by the Web3 Launchpad, it reflects the platform's ongoing exploration in balancing efficiency, security, and user experience.

Future Outlook

As the KDK token is distributed to user accounts on December 22 and spot trading begins on the 23rd, the market will provide its final judgment on its value.

The mechanism designed by Gate in the fifth phase of Launchpad—allowing funds waiting for allocation to generate returns through GUSD, freeing users from the long wait of linear unlocking—is redefining users' experience and expectations regarding “new subscription”.

The subscription feast, with a total amount exceeding 140 million USD, has come to an end, but the innovative direction it has validated may just be beginning.