Gate News bot news, according to the official announcement from Gate on July 8, 2025. Gate platform has added PAL (Palio) token as a borrowable asset for leveraged trading, and has simultaneously launched the PAL/USDT leveraged trading pair. After this update, the Gate platform supports over 800 types of leveraged trading cryptocurrencies. Users can view specific lending information for currencies such as PAL on the platform, including parameters like leverage multiples and lending rates.

According to the Gate News bot, on July 8, 2025, Gate announced that the Simple Earn has launched a new 7-day fixed investment product for PAL Token, offering an Annual Percentage Rate of 500%. The total limit is 6.2 million PAL, and it operates on a first-come, first-served basis. PAL is the first launched Token of the Xterio platform, which focuses on artificial intelligence and social aspects, primarily featuring AI pet agents and game development. The project team consists of senior professionals from gaming companies such as Tencent, Le Elements, and FunPlus. The interest of this financial product will be distributed to users in the form of PAL Tokens. The total amount of the product is limited, and it will be sold out once the quota is reached.

Gate News bot message, according to the official announcement from Gate on July 7, 2025. Gate will launch Palio(PAL) spot trading on July 7, 2025, at 20:00 UTC+8. At the same time, the platform will carry out multiple PAL token airdrop activities, including airdrops of 900,000 PAL for GT holders, 2,600,000 PAL for the CandyDrop platform, 500,000 PAL exclusively for VIPs, and 600,000 PAL rewards for Alpha trading activities. In addition, Gate will launch the PAL 7-day fixed investment product on July 8, 2025, with an annualized yield of 500% and a total quota of 6.2 million PAL. Palio is the first token launched on the Xterio platform, focusing on AI agent pets and game development, with team members from global gaming companies such as Tencent, Le Element, and FunPlus.