[//]:content-type-MARKDOWN-DONOT-DELETE Gate will list Switchboard (SWTCH) for spot trading at 13:00 on September 9, 2025 (UTC) and launch Launchpool project #315. Users can stake GUSD or SWTCH to share 537,190 SWTCH tokens for free. Airdrop rewards are distributed hourly. **Switchboard (SWTCH) Spot Trading** **Trading Starts: September 9, 2025, 13:00 (UTC)** Deposit SWTCH: https://www.gate.com/myaccount/deposit/SWTCH Trade SWTCH in USDT Market Via: https://www.gate.com/trade/SWTCH_USDT **Airdrop Details** **Staking Period: September 9, 2025 at 13:00 (UTC) – September 13, 2025 at 13:00 (UTC)** Total Staking Rewards: 537,190 SWTCH ![](https://gimg2.gateimg.com/image/6_20250909_111746_3ec43a16d8249ce638a48b0c1f917699.png)

Stake to Earn Now

Unlocking Rule: Unlock 100% Gate Launchpool allows users to stake in advance. You can stake your assets before the official launch of the project to ensure you start earning rewards as soon as mining begins. **Rewards Distribution** The system will distribute token rewards to users’ spot accounts every hour based on the proportion of assets staked by each user. Gate Launchpool FAQs How to Participate: Log in to your Gate account and complete Identity Verification - Navigate to [Launchpool] - Hold at least 0.05 GUSD / 1 SWTCH - Click [Stake]. Mint GUSD: https://www.gate.com/staking/GUSD Deposit GUSD: https://www.gate.com/myaccount/deposit/GUSD Trade GUSD in USDT Market Via: https://www.gate.com/trade/GUSD_USDT **Introduction:** Switchboard is the fastest, most customisable, and only truly permissionless oracle network, designed for those who refuse to compromise on speed or decentralisation. Trusted by industry leaders, Switchboard secures billions in assets across 51+ protocols by delivering market data 300x faster than other oracles. Switchboard’s unique permissionless design unlocks the market. Anyone can instantly launch data feeds for new assets, giving traders immediate access to more opportunities. Secured by Trusted Execution Environments, this combination of raw speed and open access powers a faster, safer on chain trading ecosystems. Switchboard is backed by leading venture firms Tribe Capital and RockawayX, with strategic participation from the foundations and core teams behind Solana, Aptos, Sui (Mysten Labs), and Starkware, alongside funds such as Subzero Ventures, Arche Capital, Breed VC, and Ascensive Assets. Token name: Switchboard Token symbol: SWTCH Max Supply: 1,000,000,000 Token Type: SPL-20 Token ID: https://explorer.solana.com/address/SW1TCHLmRGTfW5xZknqQdpdarB8PD95sJYWpNp9TbFx Token Distribution and Unlocked Rules: Initial Contributors - 25%：0% TGE unlocked, 6-month cliff, with a 33.33% unlock at the end of the cliff followed by linear monthly unlocks of 2.78% thereafter Core Development Team(s) - 23%: 0% TGE unlocked, 6-month cliff, with a 33.33% unlock at the end of the cliff followed by linear monthly unlocks of 2.78% thereafter Protocol Rewards & Incentives - 16%: 4.17% TGE unlocked, A three-phase linear vesting schedule: 4.17% monthly for the first year, 2.08% monthly for the next year, and 1.04% monthly for the following two years Ecosystem Growth - 26%: 25.00% TGE unlocked, followed by a 12-month cliff, then 2.08% monthly vesting Launch & Community - 10%: 100.00% TGE unlocked Website: https://switchboard.xyz/ Whitepaper: https://docs.switchboard.foundation/whitepaper **Gate Labs Investment Disclosure** Gate Labs did not invest in Switchboard (SWTCH). **Notes** 1. Gate Launchpool is an innovative staking airdrop platform where users can earn hourly airdrops of trending and newly listed tokens by staking GT, BTC, ETH, USDT, GUSD or other tokens. With low entry barriers and high APR, it’s an easy way to capture market opportunities. 2. Please complete Identity Verification before participating in Launchpool to enhance the security of your account and assets. 3. Please follow the relevant rules of the event when participating. Any cheating behavior is prohibited, which will result in disqualification of the rewards. 4. In case of discrepancies between the translated and the original English versions, the English version shall prevail. 5. Gate reserves all rights to the final explanation. 6. This event is not affiliated with Apple Inc. 7. Users in the United Kingdom and other Restricted Locations cannot access the Services (including the participation in this event, game or competition). See the User Agreement for further details on Restricted Locations. **Risk Warning** 1. As a blockchain startup still in its early stages, the project may involve significant risks in various aspects, including operations, underlying technology, and the legal and regulatory environment. 2. Understanding blockchain startups and assessing their inherent risks require advanced technical and financial knowledge. 3. Due to influences from technology, regulatory frameworks, market conditions, and other factors, the project you participate in may experience significant price volatility, with prices potentially rising or falling sharply. 4. Due to issues related to the underlying technology of the project or the Gate trading platform, you may be unable to withdraw all or part of your assets from the project. 5. Cryptocurrency projects are high-risk by nature, and cryptocurrency prices are highly volatile. The project team does not provide any form of margin, price commitment, or downside protection. Please ensure you fully understand the risks and are capable of bearing them before participating. While the platform strongly warns of potential risks, it cannot assume liability for any investment decisions or provide any guarantees or compensation.
Gate Team September 9, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Initial Listing: Gate to List Switchboard (SWTCH) Spot Trading and Launch Launchpool

Initial Listing: Gate to List Switchboard (SWTCH) Spot Trading and Launch Launchpool