🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Convex Finance initiated a proposal to significantly reduce the PYUSD position, with the majority of the community opposing it.
Odaily Planet Daily News reported that Convex Finance has proposed a significant reduction in PYUSD open interest. The proposal states that Frax holds a large amount of PYUSD in its assets, but there is very little interest. Frax should diversify and move away from low-interest assets, so it is recommended to drop the more than two million dollars of PYUSD in Curve FRAX/PYUSD to a maximum of 500,000 dollars. The current proposal has an opposition rate of 99.51% and will end on September 20.