🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
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📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
Solstice Labs will launch the yield-bearing synthetic stablecoin USX on Solana this summer.
PANews, April 29 news, according to The Block report, Solstice Labs, supported by the cryptocurrency investment institution Deus X Capital, announced that it will launch a yield-generating synthetic stablecoin USX and a native staking protocol on the Solana Blockchain this summer. USX achieves delta-neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain its peg, and holders can seamlessly access the YieldVault protocol with a total lock-up position of 100 million USD. Currently, the stablecoin market on the Solana blockchain accounts for more than 5% of the total $238 billion in the network, but there is a lack of fiat-pegged coins designed specifically for passive income. The CEO of Solstice Labs stated that USX aims to transparently provide retail and institutional users with yield opportunities that are typically exclusive to institutions in traditional DeFi.