💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Wormhole Foundation Plans Higher Counter-Bid for Stargate Against LayerZero's Offer
Gate News bot message, Wormhole Foundation announced its intention to present a higher bid for Stargate (STG) that exceeds LayerZero's current $110 million ZRO token offer.
According to Wormhole Foundation's statement, Stargate's current valuation fails to reflect its actual value, citing the protocol's significant assets including $76 million in stablecoins, $16 million in ETH, and additional holdings. The foundation highlighted Stargate's performance metrics, noting "$4B bridge volume in July (up 10x YoY), $345M TVL, and projected $2M annual revenue."
The foundation has requested a 5-day suspension of the Snapshot voting process to complete its competitive proposal.