📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
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1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Polygon's '13 billion stablecoin income' proposal was rejected by the community
BlockBeats news, on December 18th, according to the relevant page, Polygon community members rejected a preliminary proposal (or pre-PIP) that suggested deploying over $1 billion in stablecoin reserves to generate yield. The proposal, put forth by Web3 risk provider Allez Labs in collaboration with Decentralized Finance protocol Morpho and Yearn, aims to leverage around $1.3 billion in DAI, USDC, and USDT reserves in the PoS Chain bridge to earn yield. Polygon stated that community members expressed concerns about security issues and the lack of choice for affected users to opt-in, raising doubts about the feasibility of the proposal. Given the community's reservations, the proposal seems unlikely to pass, but this does not hinder Polygon from exploring innovative and even bold ideas in the future.