🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
The Degen protocol is considering implementing a token burning plan.
Golden Finance reported that the Degen protocol is discussing a token burning proposal. Currently, the foundation holds 32.5% of the total supply and is considering gradually dropping the token supply through monthly burns. The proposal aims to optimize the token economic model while retaining necessary shares for the project's ongoing development. The foundation stated that this move will reduce the possibility of large-scale airdrops in the future and lower inflation expectations. Community members generally support the proposal. The specific burning schedule and amounts are yet to be determined.