📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
According to a report from CoinDesk on June 13, Cardano founder Charles Hoskinson proposed in a livestream to use 100 million USD worth of ADA from the national treasury to exchange for Bitcoin and stablecoins (USDM, USDA) to enhance the on-chain stablecoin proportion and the DeFi ecosystem. He stated that this move would not impact the ADA market and refuted liquidity concerns. Currently, on-chain stablecoins on Cardano account for only about 10% of TVL, which is far lower than Solana's stablecoin ecosystem scale. This proposal diverges from the viewpoint previously emphasized by Cardano Foundation CEO Frederik Gregaard that 'TVL is not a key metric.'