💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
📌 How to Participate:
1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinTRUST
4️⃣ Include a screenshot showing your CandyDrop participation.
🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833
Parachain Polkadot Phala votes to fully transition to Ethereum L2
The Phala parachain network of Polkadot will transition to become a Layer 2 on Ethereum after the community approves the proposal to expand computing capacity for enterprise customers. According to the announcement, Phala token holders (PHA) will receive a new ERC-20 version at a 1:1 ratio, with the conversion process starting before November 20. Staking, rewards, and governance activities will continue seamlessly on the new platform.
Phala, a decentralized cloud computing network supporting AI, stated that transitioning to Ethereum would enhance scalability, security, and leverage a more robust EVM ecosystem. This proposal was submitted on September 27, arguing that maintaining a parachain on Polkadot would hinder development and consume many resources. Currently, the PHALA token has a market capitalization of approximately 80.6 million USD, ranking among the top 50 largest AI-related cryptocurrencies, according to data from CoinGecko.