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- 🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic - 💥 Gate Square Event: #SOMI Creative Contest# 💥
Post original content related to SOMI or CandyDrop #76 on Gate Square for a chance to share 180 SOMI rewards!
CandyDrop 76: CandyDrop x Somnia (SOMI)👉 https://www.gate.com/announcements/article/46912
📅 Event Period: Sep 8, 2025 – Sep 15, 2025
📌 How to Participate:
Post original content related to SOMI or the CandyDrop event
Minimum 80 words
Add hashtag: #SOMI Creative Contest#
Include CandyDrop participation screenshot
🏆 Rewards:
🥇 1st Prize (1 winner): 60 SOMI
🥈 2nd Prize (3 winners): 30 SOMI each
🥉 3rd Prize (6 winners): 10 SOMI each
(T - 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Viewpoint: If USDH completely replaces USDC on the Hyperliquid platform, the circulating supply of USDC is expected to decrease by 7%.
Odaily News Community member Omar posted on social platform X that as Hyperliquid is about to launch its native stablecoin USDH, Hyperliquid currently holds 5.5 billion USD in USDC deposits. Omar expects that if these deposits are fully converted to USDH, it will bring an incremental income of 220 million USD to Hyperliquid token holders. Based on a 4% annual interest rate, this income will increase Hyperliquid's total revenue by about 17% (compared to the current revenue level). For Circle's shareholders, if a full conversion occurs, the USDC circulating supply will decrease by 7%, potentially leading to a reduction of about 220 million USD in annual revenue for Circle (based on USDC transaction fees or other sources of income).