🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
The stablecoin wcgUSD under Cygnus integrates with the Pendle Interest Rate Derivative protocol, supporting the minting of PT and YT to stack multiple yields.
According to ChainCatcher news, the official announcement states that the stablecoin wcgUSD under Cygnus has officially integrated the DeFi interest rate derivative protocol Pendle. Users can now deposit wcgUSD through the Keep YT model, minting principal tokens (PT) and yield tokens (YT) with zero price impact, while simultaneously obtaining basic yield, Pendle rewards, and Cygnus points for triple returns. This scheme aims to enhance capital efficiency, allowing users to optimize liquidity allocation while retaining full exposure to the underlying asset's yield. This collaboration is based on both parties' shared vision for the structured yield market. Pendle's interest rate derivative infrastructure combined with Cygnus's composable yield-generating stablecoin layer creates a transparent and modular yield primitive. Both parties plan to explore deeper integration in the future through Pendle's infrastructure and Cygnus's Liquidity Verification System (LVS), including YT asset native re-staking, modular treasury yield routing, and expanding stablecoin liquidity to applications such as the creator economy. The current integration plan has been launched on the Base chain, and users can directly participate through the Pendle trading market.