🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
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💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
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📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
AAVE will enable the Umbrella security module on June 5 to address bad debt risks.
PANews June 3 news, according to the Aave community forum, AAVE will officially launch the Umbrella system on June 5, 2025, allowing users to stake aToken to guard against protocol bad debts and receive rewards. This mechanism replaces the old staking methods of AAVE and stkABPT, addressing bad debts by directly destroying aToken, achieving higher capital efficiency and an objective trigger mechanism. Initially, it will be enabled on networks such as Ethereum, Arbitrum, Avalanche, and Base, covering major assets like USDC, USDT, and WETH. Umbrella has completed development and auditing, meeting the conditions for launch.