New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
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.