📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
Synthetix will restore the sUSD peg to 1 USD, which will increase the collateral requirement for the 420 pool.
Odaily News Synthetix announced that its stablecoin sUSD will be restored to the target of 1 USD, and starting from June 2 at 23:59 UTC, SNX debt collateral users will be required to increase the sUSD collateral ratio in Pool 420 from 10% to 20%, otherwise debt exemptions will be suspended. Previously, due to user dumping, sUSD once fell to 0.70 USD. The official stated that restoring the peg will help advance the SIP-420 proposal and the subsequent deployment of v4 contracts on the Ethereum Mainnet.