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–
Farm Capital: The sUSDX·USDC market may incur a bad debt of $1.09 million, with the team bearing over 50%.
Foresight News reports that digital asset management company Farm Capital posted on Twitter that its on-chain yield strategy product mFARM has borrowed 1.09 million USD from the Silo sUSDX·USDC market (Arbitrum platform ID 127) and is currently unable to withdraw. In the worst-case scenario, this 1.09 million USD could become a bad debt, resulting in a total loss. The team is actively seeking the recovery of the sUSDX market and will do its best to recover the funds. Farm Capital will bear more than 50% of the bad debt, some of which has already been transferred through over-the-counter trading. The price of mFARM will be updated within the next 48 hours, after which exchanges will resume normal operation. Users who cycle mFARM/USDC on Euler or Morpho should monitor the health factor and liquidation price to avoid being liquidated after the mFARM price adjustment.