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- 🚀 #GateNewbieVillageEpisode2# ✖️ @独领风骚必暴富
💰 Share your first profit on Gate ｜ 🎉 Recall your most unexpected gain ｜ 🤝 Grow with the community
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1️⃣ Follow Gate_Square + @独领风骚必暴富
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3️⃣ Share your first pot of gold or your most surprising profit on Gate—more detailed and interesting posts have a higher chance to win!
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3 lucky winners → Gate X RedBull Tumbler + $20 Futures Trial Voucher
If merchandise cannot be shipped, it will be replaced with a $30 Futures - 🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
👉 How to participate:
1️⃣ Follow Gate_Square
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Synthetix plans to buy back $27 million worth of tokens on the Derive platform.
According to the Gate.io News bot and a report by Cointelegraph, the DeFi platform Synthetix is advancing plans to buy back the encryption options platform Derive. According to the SIP-415 proposal, Synthetix will conduct this transaction by issuing 29.3 million SNX tokens at an exchange rate of 1 SNX for 27 DRV(, valued at approximately $27 million. These tokens will have a lock-up period of 3 months, followed by a linear unlock over 9 months.
Derive originated from the Lyra project within the Synthetix ecosystem and was independently spun off in 2021. After the completion of this repurchase, Synthetix will integrate Derive's front-end technology and RWA professional advantages. Currently, this trading proposal still requires approval through community voting from both parties.