December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
MEV Capital: The Ethereum Morpho USDC vault no longer holds any Elixir assets.
According to Deep Tide TechFlow news, on November 13, MEV Capital published an update on the operation of the Morpho USDC vault on the X platform. Currently, the Ethereum Morpho USDC vault has removed the Elixir sdeUSD/USDC trading pair, resulting in bad debts amounting to nearly 3.6% of the total value locked (TVL) at that time. The vault no longer holds any Elixir assets, and other markets and parameters remain unchanged. MEV Capital is still collaborating with relevant parties to address the issues faced by Elixir creditors.
Previously, it was announced that Elixir's stablecoin deUSD has officially retired and no longer holds any value. A USDC compensation process will be initiated for all holders of deUSD and its derivatives (such as sdeUSD), affecting collateral providers on lending platforms, AMM LPs, Pendle LPs, and others.