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- 🎉 Follow to Win! Gate_Activity account is now live!
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- 🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
💎 Start with Just 1 $USDT — the More You Commit, The More #PFVS# You Receive!
Commit Now 👉 https://www.gate.io/launchpad/2300
⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💰 Total Allocation: 10,000,000 #PFVS#
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Learn More: https://www.gate.io/article/44878
#GateioLaunchpad# #GameeFi#
- 📢 Gate Post Ambassadors are Now Actively Recruiting!
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- Dear Gate Post users, we’re excited to announce a brand-new upgrade to our user interface! The new version is simpler, smoother, and packed with many thoughtful new features. Update now and explore what's new! What do you think of the new Gate Post experience? Which features do you like most? Have you noticed any surprises or improvements? Share your experience now to split a $50 prize pool!
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2. Create a post with the hashtag #MyGatePostUpgradeExperience# , sharing your feedback and experie
- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
🏆 Commit #USDT# to Share 10,000,000 #PFVS# . The More You Commit, the More $PFVS You Receive!
📅 Duration: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💎 Commit USDT Now: https://www.gate.io/launchpad/2300
Learn More: https://www.gate.io/announcements/article/44878
#GateioLaunchpad#
Sky Q1 reported a loss of $5 million due to a 102% rise in incentive USDS interest expenses.
Golden Finance reports that, according to a report compiled by contributors from Steakhouse Financial, Sky (formerly MakerDAO) lost 5 million dollars in the first quarter of this year due to the doubling of Interest paid to Token holders. This loss contrasts sharply with the previous quarter, when Sky posted a profit of $31 million. The primary reason for the 102% increase in interest expenses is that Sky decided to drive users to adopt its newly launched stablecoin Sky Dollar (USDS) through higher incentives, replacing the existing DAI.