According to the Gate News bot message, the official announcement from Gate on July 9, 2025:
Gate will launch the spot trading of the GameFi project Stella Armada's token SARM on July 10, 2025, at 15:00 UTC+8. Stella Armada is a GameFi project that combines strategic city building, fleet management, and galaxy exploration, allowing players to achieve asset ownership and reward distribution through the SARM token.
The project completed a $300,000 private placement financing led by Lumen Chain Capital in December 2024, with a token price of $0.005. To celebrate the launch, Gate will conduct multiple activities, including an airdrop event for GT holders of 2,083,333 SARM(, a trading competition with a prize pool of 2,083,333 SARM), an Alpha points event with a prize pool of 1,666,667 SARM(, and additional rewards for USDT fixed-term wealth management of 1,666,667 SARM).