[Gate Launches New Structured Derivative 'Smart Leverage' with Forced Liquidation Exemption During Holding Period] According to the official announcement, Gate has officially launched a new structured derivative product called 'Smart Leverage.' This product leverages a forced liquidation exemption mechanism during the subscription period, helping users avoid unexpected position losses caused by short-term extreme volatility or 'spike' market movements in highly volatile conditions, allowing them to focus more on trend analysis and strategy execution. Smart Leverage supports high-leverage configurations, with returns based on the settlement price at maturity. While enhancing capital efficiency, users' maximum potential loss is limited to the principal of a single subscription, with no risk of negative equity or additional liabilities. The first batch of supported assets includes BTC, ETH, XRP, SOL, and ADA. Users can participate via the Gate website or Gate App. Additionally, Gate has launched a limited-time promotional event. From December 30, 2025, 14:00 to January 7, 2026, 14:00 (UTC+8), the first 1,000 users subscribing to Smart Leverage for the first time will automatically receive a +100% APR (annualized) cash subsidy without registration. Regardless of the final profit or loss of the order, the subsidy will be distributed based on the subscription principal, significantly reducing the cost of users' first experience. In the future, Gate will continue to enhance its structured product offerings, providing more flexible and diverse trading options for users with varying risk preferences.