📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Data: Sky Q1 loss of 5 million USD, due to a rise in USDS interest expenses of 102%.
According to ChainCatcher news and a report by Coindesk, Sky (formerly MakerDAO) lost 5 million dollars in the first quarter of this year due to the doubling of Interest paid to Token holders. This loss stands in stark contrast to the previous quarter, when Sky posted a profit of $31 million. The main reason for the 102% increase in interest expenses is that Sky decided to encourage users to adopt its newly launched stablecoin Sky Dollar (USDS) through higher incentives, replacing the existing DAI.