📢 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
Due to the expiration of multiple products, Pendle's TVL has dropped by 40% in the past week.
Odaily Planet Daily News: DeFi protocol Pendle saw nearly $3 billion in withdrawals since last Wednesday, as multiple market products expired. Most of the withdrawals were in the form of liquidity-re-staked tokens. As of Monday, the total deposited value dropped to $3.7 billion, and Pendle's Total Value Locked (TVL) decreased by 40% in the past week. Kairos Research founder Ian Unsworth said the outflow of funds is mainly due to the expiration of some products. The ether.fi eETH, Renzo's ezETH, Puffer's pufETH, Kelp's rsETH, and Swell's rswETH related products in the Pendle market expired on June 27, resulting in a large outflow of funds. The outflow of funds from Pendle also affected the related protocol Zircuit, whose deposit value dropped 15% in a week. (DL News)