📢 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
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.