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- 🎉 A Warm Welcome to Dr.Han on Gate Square!
Dr.Han — Founder of Gate and a seasoned crypto industry observer — is now officially sharing insights on Gate Square!
📢 Follow Dr.Han and like or comment on his latest post for a chance to win!
👉 Post: https://www.gate.com/post/status/11966645
👉 Profile: https://www.gate.com/profile/Dr_Han
🎁 Giveaway Alert:
We’ll randomly select 10 lucky users from those who follow + like/comment to receive a limited-edition Gate T-shirt — the same style worn by Dr.Han!
(If shipping is unavailable in your region, a $50 Futures Voucher will be provided instead.)
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
Share Alpha trading highlights screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Don’t forget—the main Alpha Points Carnival prize pool is up to $1,000,000!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/announcements/article/45908
- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
- #GateSquareGiveaway# - Spot the Differences 👀
GM ☕ Our frog friend has two slightly different mornings—can you find all the changes?
💰 $10 Futures Voucher * 5 winners
To join:
🔹Follow Gate_Square
🔹Like this post and drop your answer in the comments
📅 Ends at 16:00 PM, July 7 (UTC)
Stablecoin protocol Resupply proposes to burn 6 million tokens after a $10 million vulnerability.
Gate News bot news, on June 30, the DeFi protocol Resupply proposed to burn 6 million reUSD tokens in its insurance pool as part of a recovery plan. Previously, Resupply encountered a theft incident of about 10 million USD.
Resupply is a stablecoin protocol that utilizes the liquidity of the lending market. According to an analysis report dated June 28, attackers manipulated the stock price of the platform crvUSD-wstUSR pair by exploiting edge cases in the oracle and exchange rate calculations to target the platform's solvency checks. After the incident, the protocol suspended the affected currency pairs and temporarily prevented assets from leaving the insurance pool.
The recovery proposal from Resupply states that to offset the 10 million stolen tokens, the treasury has paid out over 2.86 million reUSD tokens, leaving 7.13 million reUSD in unpaid bad debt. The latest plan suggests to destroy 6 million reUSD bad debt through the insurance pool, accounting for about 15.5% of the total reUSD tokens in the pool. The remaining bad debt will be gradually repaid by the DAO through future income sources.
Once the proposal is approved, it will take effect three days after the vote. Resupply also plans to establish a retention plan for affected users and incentivize them to remain in the insurance pool through additional RSUP rewards. Users can choose to withdraw and extract funds from the insurance pool.