🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Golden Finance reported that Figure Technology Solutions has launched Figure Connect, a blockchain-based private lending market aimed at improving market liquidity through standardized sales terms and documents. The platform allows investors to commit funds before the loan is disbursed, and uses blockchain technology to achieve greater transparency and immutability, reducing repetitive third-party audits.
Currently, Figure Connect has two loan originators, The Loan Store and Movement Mortgage, as well as two loan buyers, Bayview Asset Management and Saluda Grade. Figure plans to create a TBA market similar to the mortgage market of Fannie Mae and Freddie Mac, which will increase liquidity and drop interest rates through standardization and guarantee.
Figure Chairman and Founder Mike Cagney is preparing for the IPO of Figure Technology Services and will serve as the CEO of Figure Markets, a forthcoming cryptocurrency and securities exchange.