Announcements CandyDrop x Namada (NAM): Trade and Invite Friends to Share 571,429 NAM

CandyDrop x Namada (NAM): Trade and Invite Friends to Share 571,429 NAM

2025-06-18 09:16:15 UTC 57638 Read

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CandyDrop is Gate’s candy airdrop platform where users earn candies by completing tasks and participate in token airdrop distributions. We are now excited to launch the NAM token airdrop event. By completing the tasks below, you can earn candies and share a total prize pool of 571,429 NAM, with a maximum individual cap of 900 NAM. Details are as follows:

- Spot trading rewards pool: **210,715 NAM**, single person limit**300 NAM**
- Alpha Trading Prize Pool: **210,714 NAM**, single user limit**300 NAM**
- Invite Friends Prize Pool: **150,000 NAM**, single person limit**300 NAM**
- The airdrop calculation formula is: (individual candy count / total candy count of all users) ×Prize pool

**Event Time: June 19, 2025, 10:00 - July 9, 2025, 10:00 (UTC)**

<div style="text-align: center;"><a data-type="Gate-activity" rel="" href="https://www.gate.com/candy-drop/detail/NAM-53" target="_blank" style="text-decoration: none !important;display: inline-block;" data-index="1"><div class="Gateactivity-btn-style" style="width: 240px;height: 40px;box-sizing: border-box;padding: unset;border-radius: 99px;display: inline-flex;align-items: center;justify-content: center;background: #3377FF;cursor: pointer;"><strong><span style="color:#fff; text-decoration: none;">Participate now</span></strong></div></a></div>

**1. Spot Trading Prize Pool Rules:**

During the event period, users who accumulate a total NAM spot trading volume (buy + sell) of ≥ 100 USDT will receive candy rewards and share a prize pool of 210,715 NAM. Each user can earn up to 9 candies, with a maximum individual reward of 300 NAM.The reward rules are as follows:

- NAM trading volume ≥ 100 USDT: 1 Candy
- NAM trading volume ≥ 1,000 USDT: 3 Candies
- NAM trading volume ≥ 4,000 USDT: 5 Candies

**2. Alpha Trading Reward Pool Rules**

During the event period, trading any coin on Gate Alpha with a cumulative trading volume (buy + sell) ≥ 50 USDT will earn you Candy rewards, sharing a prize pool of 210,714 NAM,Each user can receive a maximum of 4 Candy. The maximum reward for a single person is 300 NAM.The reward rules are as follows:

- Any Token trading volume ≥ 50 USDT: 1 Candy
- Any Token volume ≥ 100 USDT: 3 Candies

**3. Invite Friends Prize Pool Rules:**

During the event, for every successful invitation of 1 valid friend (who registers and completes ≥2,000 USDT contract trading), you can receive 1 Candy, with a maximum of 10 Candies. All Candy holders will share a prize pool of 150,000 NAM, with a maximum reward of 300 NAM per person.

Note: To qualify as a valid referral, users must register through the exclusive event link and complete ≥2,000 USDT in contract trading of any token. Referrals who have participated in other invitation campaigns will not be eligible for candy rewards in this event.

**Project Introduction:**

Namada is the Composable Privacy Layer of the Multichain. It is a proof-of-stake layer-1 blockchain that protects users’ personal data by providing a shielded asset hub and enabling shielded cross-chain transactions. Namada is capable of supporting any asset and can be used to retrofit data protection to existing chains, dapps, tokens, and NFTs.

Primarily built in Rust, Namada uses CometBFT consensus and the IBC (Inter-Blockchain Communication) protocol for multichain interoperability, but can be upgraded to support additional ecosystems beyond IBC. By leveraging advanced cryptographic standards like zk-SNARKs and its potential for interoperability, Namada positions itself as a useful cryptographic primitive for users to protect their on-chain data while interoperating with a wide variety of other blockchains and protocols.

Token Symbol: NAM
Official Website: <a href="https://namada.net/" rel="nofollow noopener noreferrer" target="_blank">https://namada.net/</a>
White Paper: <a href="https://docs.namada.net/" rel="nofollow noopener noreferrer" target="_blank">https://docs.namada.net/</a>

**Precautions**

1. Participants must click the "Join" button on the event page. After successfully joining the event, they must complete the event tasks and identification verification to receive rewards.
2. Rewards will be distributed to user accounts within 14 working days after the end of the event, with a total reward of 571,429 NAM.
3. It is strictly prohibited to register multiple accounts in bulk, engage in malicious wash trading, self-buying and selling, mutual matching, and other cheating behaviors. Multiple accounts of the same verified user will be considered as the same account. Sub-accounts are not allowed to participate in activities.
4. Market makers, enterprises, and institutions are not allowed to participate in this event. Agent accounts cannot participate in friend invitation activities; other activities are unrestricted.
5. In case of any discrepancies between the translated version and the English version, the English version shall prevail.
6. Gate has the final interpretation right for this event.
7. Users in restricted areas may not be able to access all or some services (including participation in this activity, games, or competitions). For detailed information about restricted areas, please read. <a href="https://www.gate.com/user-agreement" target="_blank">User Agreement</a> .
8. Risk Warning: Users must pay attention that virtual currency trading is influenced by various factors such as market conditions and policies. The market is highly volatile, and rises and falls are difficult to predict. Please be mindful of market risks and trade cautiously.

<sp>
Gate Team
Jun 18th, 2025
<sp>
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CandyDrop x Namada (NAM): Trade and Invite Friends to Share 571,429 NAM

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