💥 Gate Square Event: #PostToWinFLK 💥
Post original content on Gate Square related to FLK, the HODLer Airdrop, or Launchpool, and get a chance to share 200 FLK rewards!
📅 Event Period: Oct 15, 2025, 10:00 – Oct 24, 2025, 16:00 UTC
📌 Related Campaigns:
HODLer Airdrop 👉 https://www.gate.com/announcements/article/47573
Launchpool 👉 https://www.gate.com/announcements/article/47592
FLK Campaign Collection 👉 https://www.gate.com/announcements/article/47586
📌 How to Participate:
1️⃣ Post original content related to FLK or one of the above campaigns (HODLer Airdrop / Launchpool).
2️⃣ Content mu
Wintermute: During the "10.11" collapse event, the DeFi market experienced a severe "inventory shortage" issue.
On October 20, Wintermute founder Evgeny Gaevoy participated in The Block's podcast and stated, “During the '10.11' crash event, the DeFi market experienced severe inventory issues. Our positions were on CEX, but we couldn't transfer them out, so everything that could be sold in DeFi was sold out, and everything that could be bought on CEX was bought, but we couldn't complete the asset transfer, leading to a liquidity imbalance.” Gaevoy mentioned that although arbitrage could be done through lending or cross-market pricing, it carries high risks and is complicated to operate. During this event, many competitors' risk control systems triggered circuit breakers, pausing DeFi trading. Nevertheless, he expressed satisfaction with the team's performance, stating, “Although we could have made more money, we indeed ran out of inventory.”