🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
💎 Start with Just 1 $USDT — the More You Commit, The More #PFVS# You Receive!
Commit Now 👉 https://www.gate.io/launchpad/2300
⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💰 Total Allocation: 10,000,000 #PFVS#
⏳ Limited-Time Offer — Don’t Miss Out!
Learn More: https://www.gate.io/article/44878
#GateioLaunchpad# #GameeFi#
On May 14, according to a report by Coindesk, Sky (formerly MakerDAO) lost 5 million USD in the first quarter of this year due to a doubling rise in Interest paid to Token holders. This loss stands in stark contrast to the previous quarter when Sky achieved a profit of 31 million USD. The main reason for the 102% increase in Interest expenses is that Sky decided to promote the use of its newly launched stablecoin Sky Dollar (USDS) by offering higher incentives to replace the existing DAI.