💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Wormhole Foundation Plans Higher Counter-Bid for Stargate Against LayerZero's Offer
Gate News bot message, Wormhole Foundation announced its intention to present a higher bid for Stargate (STG) that exceeds LayerZero’s current $110 million ZRO token offer.
According to Wormhole Foundation’s statement, Stargate’s current valuation fails to reflect its actual value, citing the protocol’s significant assets including $76 million in stablecoins, $16 million in ETH, and additional holdings. The foundation highlighted Stargate’s performance metrics, noting “$4B bridge volume in July (up 10x YoY), $345M TVL, and projected $2M annual revenue.”
The foundation has requested a 5-day suspension of the Snapshot voting process to complete its competitive proposal.