币界网报道:According to the official announcement, Gate, the world's leading crypto asset platform, has officially launched the Paynetic (PYN) themed trading competition and Yubibao high-yield financial products to further enrich the user participation experience. The PYN trading competition officially started at 15:00 (UTC+8) on July 1, 2025, and will last until 15:00 (UTC+8) on July 8. The total prize pool of the event is as high as 4,000,000 PYN, covering three modules: trading ranking sharing, first order rewards and invitation rebates. Among them, users with spot trading volume exceeding $5,000 will compete for 3,000,000 PYN rewards based on trading volume ranking. New registered users and inviters can also share an additional 500,000 PYN rewards after completing designated trading tasks, first come first served. In addition, Gate Yubibao also launched a PYN 7-day fixed-term financial product with an annualized rate of return of up to 150% and a total amount of 55 million PYN. This product is limited in quantity and aims to provide users with a more attractive short-term capital appreciation solution.