📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Frax's new proposal intends to use BUIDL from BlackRock as the reserve asset for Frax USD stablecoin.
BlockBeats news, on December 23rd, Securitize, the broker-dealer of BUIDL Tokenized Currency Market Fund by BlackRock, submitted a governance proposal calling for the addition of BUIDL Token as a reserve asset for the upcoming re-launch of Frax USD stablecoin. The proposal states that besides providing the utility, relative safety, and convenience of Frax USD, it can also significantly drop counterparty risk of its reserves through collaboration with BlackRock. If the proposal is approved, Frax USD will follow the example of USDtb by Ethena and adopt BUIDL Token as the backing asset. BUIDL currently manages assets worth over $530 million, with the majority being short-term U.S. Treasury bonds.