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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Decentralized Finance protocol Sky reported a loss of 5 million USD in the first quarter, with USDS interest expenses surging.
According to the Gate.io News bot and CoinDesk reports, the DeFi savings protocol Sky experienced a loss of $5 million in the first quarter of 2025, in stark contrast to a profit of $31 million in the previous quarter.
Data shows that the interest expenditure of Sky's newly launched stablecoin USDS increased by 102%, due to measures taken by the protocol to attract investors from DAI to USDS. The interest rate of USDS was reduced from 12.5% at the beginning of the year to 4.5% in February.
During this period, the total supply of USDS and DAI increased by 57%. Among them, the Ethena protocol contributed over $450 million in funds, which were used to stake USDS and distribute the earnings to the holders of its stablecoin USDe.