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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
CoFiX 2.0 Upgrade: Comprehensive Innovations in Arbitrage Hedging, Market Making Mining, and DAO Governance
CoFiX 2.0 System Comprehensive Upgrade: Innovative Breakthroughs and Value Enhancement
CoFiX is a decentralized financial product based on the NEST Protocol. Since its launch in October 2020, the initial liquidity provider (LP) has reached a scale of over 100 million USD, and the protocol's cumulative earnings have exceeded 6000 ETH. Building on the concept of version 1.0, CoFiX 2.0 has undergone significant adjustments, aiming to refine real demand, improve capital utilization, and enhance the value capture ability of the CoFi Token.
Arbitrage Hedging Mechanism
CoFiX 2.0 introduces the idea of arbitrage hedging to address the issues present in perfect hedge processing. The new mechanism requires that the asset ratio of trading pairs remains constant, for example, the initial ratio of ETH/USDT is 1:500. When traders disrupt this ratio, the system incentivizes reverse traders to cover the hedging costs.
Market Making Mining Rules
The new version has set different mining rewards for trading pairs:
10% of the mining rewards will flow to the nodes, while the remainder will be allocated to market makers.
DAO Governance Mechanism
CoFiX 2.0 enhances the governance capabilities of the decentralized autonomous organization (DAO), mainly involving the following aspects:
Code correction and upgrades: Initially adopting multi-signature, gradually transitioning to a voting mechanism.
Determination and distribution of mining assets: This is the most critical part of the DAO, and clear standards and voting rules need to be established.
DAO Account Management: Introduce a buyback mechanism that allows CoFi holders to sell CoFi to the DAO at NEST oracle prices, releasing a buyback quota of 50 CoFi per block.
Upgrade Principles
The future upgrades of CoFiX will adhere to the following principles:
The upgrade of CoFiX 2.0 is not only an innovation in the field of decentralized exchanges but also a testament to the value of the NEST Protocol's non-cooperative game system. This upgrade embodies how decentralized protocols can promote development with an objective and rational attitude while maintaining the essence of blockchain. We look forward to CoFiX 2.0 bringing new possibilities to decentralized finance.