🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
💬 Stay clear-headed in a bull market, calm in a bear market.
Share your trading journey | Discuss strategies | Grow with the Gate Family
⏰ Event Time: Nov 5 10:00 – Nov 12 26:00 UTC
How to Join:
1️⃣ Follow Gate_Square + @Surrealist5N1K
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode5
3️⃣ Share your trading experiences, insights, or growth stories
— The more genuine and insightful your post, the higher your chance to win!
🎁 Rewards
3 lucky participants → Gate X RedBull Cap + $20 Position Voucher
If delivery is unavailable, th
Convex Finance initiated a proposal to significantly reduce the PYUSD position, with the majority of the community opposing it.
Odaily Planet Daily News reported that Convex Finance has proposed a significant reduction in PYUSD open interest. The proposal states that Frax holds a large amount of PYUSD in its assets, but there is very little interest. Frax should diversify and move away from low-interest assets, so it is recommended to drop the more than two million dollars of PYUSD in Curve FRAX/PYUSD to a maximum of 500,000 dollars. The current proposal has an opposition rate of 99.51% and will end on September 20.