📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
Convex Finance initiated a proposal to significantly reduce the PYUSD position, with the majority of the community opposing it.
Odaily Planet Daily News reported that Convex Finance has proposed a significant reduction in PYUSD open interest. The proposal states that Frax holds a large amount of PYUSD in its assets, but there is very little interest. Frax should diversify and move away from low-interest assets, so it is recommended to drop the more than two million dollars of PYUSD in Curve FRAX/PYUSD to a maximum of 500,000 dollars. The current proposal has an opposition rate of 99.51% and will end on September 20.