📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Synthetix: The sUSD staking requirement for debt forgiveness participants has been increased to 20% to drive the sUSD back to its peg.
PANews reported on May 30 that Synthetix announced on platform X that the SCCP-409 proposal has been approved, providing additional support for the peg of sUSD. The sUSD staking requirement for jubilee participants has increased from 10% to 20%. Currently, it is still possible to purchase the required sUSD at a price below 1 USD. This change aims to drive sUSD back to 1.00 USD. It will be implemented alongside the following measures: treasury buybacks, liquidity incentives, and Infinex activities. If users are participating in the jubilee, they must now stake 20% of the original debt in sUSD to continue reducing their debt; otherwise, their debt forgiveness will be indefinitely suspended until this requirement is met.