💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Sky Q1 lost 5 million USD, due to a 102% rise in the interest expenses of USDS.
According to BlockBeats news on May 14, as reported by Coindesk, Sky (formerly MakerDAO) lost $5 million in the first quarter of this year, due to the doubling of Interest paid to Token holders. This loss contrasts sharply with the previous quarter, when Sky made a profit of $31 million. The main reason for the 102% increase in Interest expenses is that Sky decided to drive users to use its newly launched stablecoin Sky Dollar (USDS) through higher incentives, replacing the existing DAI.