📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
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.