📢 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
ABOUT TO RETIRE… AND LOSE EVERYTHING 💀
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In Valencia, a 55-year-old man, about to retire, invested all his life savings, which amounted to around €60,000, in a DeFi liquidity pool that promised a 20% annual return and ended up losing half of his investment. He wasn't hacked, no one scammed him: he fell victim to the dreaded impermanent loss.
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This story is terrible because the man was not deceived by a scammer, but by a system that is too complex for normal people. They sold him "high and safe returns," but no one explained to him that volatility could destroy his investment in months.
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When he claimed, the response was cold: "the protocol worked as it should."
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#PEPE# - #BONK# - #XRP# - #BTC# - #PI#