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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
S&P assigns a credit rating of "B-" to the issuance organization USDS Sky Protocol
Sky Protocol, the issuer of the stablecoin USDS, has just been rated "B-" by S&P Global, reflecting the risks associated with the concentration of depositors, a centralized governance model, and a weak risk-adjusted capital ratio.
This is the first time S&P has assigned a credit rating to a stablecoin system. However, S&P stated that the likelihood of upgrading Sky in the next 12 months is "very low."
According to the report, the risk-adjusted capital ratio is only at 0.4%, along with a lack of flexible reserves that poses a risk of a massive liquidity withdrawal. The high concentration of governance power — with founder Rune Christensen holding 9% of the tokens and a low voting participation rate — is also a cause for concern.
Some other risks include the possibility of smart contract attacks and an unclear DeFi legal environment. Nevertheless, Sky has been noted for having a stable operational history and modest income since 2020.
USDS is currently the 4th largest stablecoin in the world with a market capitalization of 7.9 billion USD.