📢 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
IntoTheBlock: "High-risk" encryption loans on Benqi have surged to the highest level in two years, reaching $55 million.
According to the data tracked by analysis company IntoTheBlock, the total amount of high-risk loans (defined as loans within 5% of the liquidation price) rose to 55 million US dollars on Wednesday, reaching the highest level since June 2022. Cryptocurrency traders typically obtain loans from Decentralization lending platforms by locking Collateral in the form of digital assets. The risk here is that if the value of the Collateral falls too much, the protocol will liquidate the debt by selling the Collateral. A loan within 5% of the liquidation price means that if the price of the Collateral falls by 5%, it will no longer cover the loan, triggering liquidation.