📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Synthetix Founder: sUSD is about to restore its peg, Mainnet pre-storage activity supports stability.
On August 9, Kain, the founder of Synthetix, published the latest developments regarding the sUSD de-pegging issue. The current sUSD price is 0.990619 USD, and it is about to restore its peg. Although this period has been harsh, the launch of the Mainnet pre-deposit activities will ultimately allow sUSD to return to normal.
On April 18, the decoupling of Synthetix stablecoin sUSD intensified to $0.7. Synthetix subsequently announced an emergency solution, with the USD 420 pool set to launch and provide incentives. SNX stakers in the 420 pool can deposit sUSD to earn a share of 5 million SNX within 12 months. The deposited sUSD will be locked for one year and can be fully withdrawn after the event ends. Synthetix founder Kain commented on the emergency plan, "This is one of the worst immediate solutions to create demand for sUSD from the user base."