💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Celo has completed the Halving, and the inflation rate in the new Token economic model has dropped to around 1%.
Foresight News reports that Celo has announced the successful completion of the Celo Halving. After the community unanimously approved and executed the CGP-169 proposal, the hard supply cap of the CELO Token in Celo's new token economic model is set at 1 billion coins, and the inflation rate will be reduced from 2% to around 1%. This update also includes adjustments to the validators rewards mechanism and the stake mechanism, with fee distribution also being adjusted, where 10% (-10%) is allocated for carbon offsetting and 90% (+10%) is allocated for network operations.