📢 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
Cardano founder proposes to restructure $100 million ADA reserve for enhancing Decentralized Finance ecosystem.
Gate News bot message, according to CoinDesk, Cardano founder Charles Hoskinson has proposed a reserve restructuring plan. He suggested converting a $100 million ADA reserve into Bitcoin and Cardano's native stablecoins USDM and USDA, aiming to strengthen the Decentralized Finance and stablecoin ecosystem.
Hoskinson pointed out that the conversion operation will not cause drastic fluctuations in market prices. He also mentioned that currently only 10% of the TVL in relation to stablecoin issuance "is killing Cardano." Data shows that the total TVL on the Cardano blockchain is $356 million, with the stablecoin portion accounting for only $31 million.
Source: CoinDesk
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