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- 🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic - 💥 Gate Square Event: #SOMI Creative Contest# 💥
Post original content related to SOMI or CandyDrop #76 on Gate Square for a chance to share 180 SOMI rewards!
CandyDrop 76: CandyDrop x Somnia (SOMI)👉 https://www.gate.com/announcements/article/46912
📅 Event Period: Sep 8, 2025 – Sep 15, 2025
📌 How to Participate:
Post original content related to SOMI or the CandyDrop event
Minimum 80 words
Add hashtag: #SOMI Creative Contest#
Include CandyDrop participation screenshot
🏆 Rewards:
🥇 1st Prize (1 winner): 60 SOMI
🥈 2nd Prize (3 winners): 30 SOMI each
🥉 3rd Prize (6 winners): 10 SOMI each
(T - 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Multiple institutions compete for the issuance rights of Hyperliquid's new stablecoin USDH.
Gate News bot message, Hyperliquid plans to launch a new stablecoin USDH, triggering competition among several institutions to bid. Companies such as Paxos, Frax Finance, and Agora have submitted bidding proposals. Paxos promises to provide compliance solutions, supporting HyperEVM and HyperCore deployments, and will use 95% of interest income for HYPE token repurchase. Frax proposed a "community-first" plan, intending to peg USDH to frxUSD at a 1:1 ratio. Agora has formed a joint bidding team, promising to allocate all net income to Hyperliquid.
Hyperliquid requires all companies to submit proposals by September 10, with voting taking place on September 14. The Hyperliquid Foundation stated that it will "effectively abstain" from participating in the vote. Currently, Hyperliquid's stablecoin deposits can yield an annualized return of $220 million, which is one of the reasons institutions are actively competing for it.