Gate hosts LAUSDT contract event AMA, CBO Kevin explains compensation plan in detail

Odaily Planet Daily News: Gate held an English AMA live broadcast on official X, responding positively to the recent abnormal LAUSDT perpetual contract price event. Kevin Lee, Chief Business Officer of Gate, publicly explained the incident process, emergency response procedures, and compensation decisions, while answering user questions on site. Kevin stated that Gate has quickly activated its risk control mechanism after the incident occurred, taking down contracts, settling orders, and synchronously releasing announcements to ensure transparency and minimize user losses. He emphasized that the platform has no internal manipulation behavior and announced a detailed compensation plan: retaining user profits, not rolling back orders, and the platform will fully bear the cost of inventory turnover, with a total amount exceeding 30 million USDT. The entire AMA lasted for nearly an hour, with users actively asking questions during the live broadcast, covering key issues such as platform responsibility, system stability, and compensation details. Kevin promises that Gate will continue to strengthen its technical system and enhance communication with the community. "We will always stand together with users and the community, and work together to drive the platform forward