💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Ethena USDe Circulating Supply exceeds 12 billion USD, activating Fee Switch becomes a priority.
PANews September 2 news, according to DL News report, the circulating supply of USDe stablecoin issued by Ethena has reached $12.43 billion, a rise of 42% compared to last month, making it the third largest USD stablecoin. The protocol's revenue exceeded $61 million in August, meeting two of the three indicators required for Fee Switch activation, while the remaining USDe needs to be listed on four major centralized exchanges. Ethena ENA holders are expected to be the first to receive profit sharing from the protocol. The current Annual Percentage Rate of USDe is 9%, higher than USDC's 4.2% on Aave. In terms of risks, Chaos Labs and S&P Global have warned about potential liquidity and risk exposure issues of USDe.